LAGOS – The United Arab Emirates, on Friday, ended its over 50 years membership of the Organisa­tion of Petroleum Exporting Countries, OPEC, signalling one of the most phenomenal shifts in the oil ...

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Ripple CEO Brad Garlinghouse has already taken to X, Elon Musk's social media network, to celebrate the latest scaling ...

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What Abu Dhabi’s shock decision to leave OPEC means for the region’s politics, global oil prices and the future of the cartel ...

Chevron and Exxon Mobil head into Friday’s Q1 earnings with expectations of double-digit profit declines, while investor ...

Ducab is set to highlight its role in advancing the UAE’s industrial capabilities at the upcoming Make it in the Emirates 2026, where it will outline how innovation and local manufacturing are ...

UAE exit weakens OPEC+’s ability to defend price floors, so the market shifts from “managed supply” to “headline-driven” risk ...

While the UAE’s exit points to looser supply ahead, China’s near-term energy outlook remains constrained by regional turmoil.

Oil prices surged on tighter U.S. measures against Iran and the UAE’s OPEC exit, reinforcing fears of prolonged supply ...

The surprise move comes at a time of unprecedented turmoil in energy markets as Gulf oil and gas exports have remained largely paralyzed for two months due to the closure of the Strait of Hormuz, ...