
The Middle East conflict makes clear that great‑power politics now matter as much as OPEC quotas and output Read Full Article at RT.com

In its latest Annual Statistical Bulletin, OPEC projected that world oil demand grew by 1.30 million barrels per day year on year in 2025, a release posted on OPEC's site outlined.
The United Arab Emirates' exit from Organization of the Petroleum Exporting Countries could mean it gets to raise oil production and pump more of it through its Fujairah pipeline that bypasses Hormuz. Both could serve India’s energy interests.

The UAE’s shock decision to leave OPEC is about a lot more than the price of a barrel of oil, explains energy trader Joe DeLaura.

The United Arab Emirates' decision to leave OPEC has been described as a major earthquake in the oil market, but its impact on international politics could be even more profound.

Currently, UAE is among the top five crude oil suppliers for India. In the long-term, the exit from OPEC means it can offer higher volumes and have more flexible supply arrangements without any restrictions.
In a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global energy landscape. This bold step is set to alter oil production dynamics and reshape international relationships, usher…
Due to the military situation that has developed in the Middle East region, especially centered on Iran, a global energy crisis and economic instability have emerged. The almost complete closure of the Strait of Hormuz, through which about one-fifth of the wo…

Brent surges above $110 as fears grow that the U.S.-Iran war could drag into a prolonged conflict, while the UAE’s shock OPEC exit raises questions over a broader Middle East energy realignment. Oil Boom, Currency Zoom: Energy Winners Surge as Importers Feel …