Oil Cartel Loses Grip And Drivers Could Feel It at The Pump
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April 29, 2026
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OPEC is facing one of its most significant disruptions in decades after the United Arab Emirates announced it will withdraw from the oil cartel effective May 1, ending more than 50 years of membership and signaling a major shift in global energy dynamics. The move frees the UAE from OPEC and OPEC+ production quotas, allowing it to increase ...
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