Special Report Spotlight What is OPEC+ and how does it affect oil prices? Ahmad Ghaddar and Yousef Saba Reuters Apr 29, 2026 Apr 29, 2026 Updated Aug 4, 2026 0 Prefer us on Google Learn More Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save LONDON — The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday.kAm%96 ~C82?:K2E:@? @7 E96 !6EC@=6F> tIA@CE:?8 r@F?EC:6D 2?5 2==:6D[ :?4=F5:?8 #FDD:2[ 2C6 <?@H? 4@==64E:G6=J 2D ~!trZ] {2DE J62C[ E96 8C@FA AC@5F465 ?62C=J d_T @7 E96 H@C=5VD @:= 2?5 @:= =:BF:5D[ 244@C5:?8 E@ x?E6C?2E:@?2= t?6C8J p86?4J 6DE:>2E6D] %96 &pt :D E96 7@FCE9\=2C86DE AC@5F46C :? ~!trZ]k^AmkAmq6=@H 2C6 724ED 23@FE ~!trZ 2?5 :ED C@=6]k^Am A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28, 2024. Leonhard Foeger, Reuters k9am(92E 2C6 ~!tr 2?5 ~!trZnk^9am kAm~!tr H2D 7@F?565 :? `he_ :? q289525 3J xC2B[ xC2?[ zFH2:E[ '6?6KF6=2 2?5 $2F5: pC23:2 H:E9 E96 2:>D @7 4@@C5:?2E:?8 A6EC@=6F> A@=:4:6D 2?5 D64FC:?8 72:C 2?5 DE23=6 AC:46D] %@52J[ :E :?4=F56D `a 4@F?EC:6D[ >2:?=J 7C@> E96 |:55=6 t2DE] %96 &pt ;@:?65 :? `hef]k^Am People are also reading… Retired state trooper donates $2,000 to support McDowell Tech BLET cadets When will Copper Penny Grill open in Marion? Owners provide update on plans McDowell County commissioners hear update about design, timeline for new school for Marion Hunter's Liver Mush needs help with repairs, rising costs to keep Marion business operating McDowell County commissioners hear update on data center rules Shiflet Field Fly-In & Drive-In returns to Marion Saturday with aircraft, classic cars, family fun McDowell County Schools alumni spotlight: Carson Gowan has dedicated his life to community Swannanoa man faces sexual assault charges in McDowell County JD Vance to rally Republicans in western North Carolina on Monday UPDATE: Fly-In event at Marion's Shiflet Field rescheduled to Saturday, Oct. 24 McDowell candidates weigh in on affordability, mental health and Helene recovery 6 events with free admission happening in and around Hickory this weekend Wake Forest’s depth on full display in 41-7 rout of Cal Liberty Coin & Bullion brings rare coins, currency and collectibles to Marion Trump donor sues Kimberly Guilfoyle, alleges defamation kAm%96 &pt :D E96 7@FCE9 AC@5F46C E@ =62G6 E96 8C@FA :? 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E96 8=@32= 2==:2?46 @7 ~!trZ 2C6 C6AC6D6?E65 3J #FDD:2[ pK6C32:;2?[ z2K2<9DE2?[ q29C2:?[ qCF?6:[ |2=2JD:2[ |6I:4@[ ~>2?[ $@FE9 $F52?[ $F52? 2?5 qC2K:=[ H9:49 ;@:?65 :? 62C=J a_ad]k^Am Nation & World Trump unhappy with Iran's latest proposal to end the war Parisa Hafezi and Steve Holland Reuters Sources: Reuters News, World Economic Forum website, OPEC website, U.S. Department of State website, the International Energy Agency. 0 Comments Love 0 Funny 0 Wow 0 Sad 0 Angry 0 Be the first to know Get local news delivered to your inbox! Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story America barely uses OPEC oil. Why are gas prices so high? The United States is less reliant on foreign oil than at times in the past. Why, then, have gasoline prices gone through the roof at America’s pumps? 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Nation & World Trump unhappy with Iran's latest proposal to end the war Parisa Hafezi and Steve Holland Reuters
America barely uses OPEC oil. Why are gas prices so high? The United States is less reliant on foreign oil than at times in the past. Why, then, have gasoline prices gone through the roof at America’s pumps?
