In five charts: How UAE's exit could affect Opec's influence over the oil price
By Piri ·
The United Arab Emirates plans to leave Opec, a move that could weaken the group's ability to coordinate oil output and influence prices. The article uses charts to show Opec's membership, production decisions, the UAE's output as a top exporter, and the shift in market power toward non-Opec producers like the US.
Chapters
- UAE Exit Signals OPEC's Potential End
- OPEC's Strategies to Control Oil Prices
- OPEC Decisions and Internal Challenges
- UAE's Prominent Role Among OPEC Exporters
- UAE Oil Production and Expansion Plans
- OPEC's Diminishing Global Influence
Adapted from Jemma Crew.