Sahar Ragab
In a landmark move with potential global repercussions, the United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries and the OPEC+ alliance, with the decision set to take effect on May 1.
The step marks a significant turning point in the country’s energy policy after nearly six decades of membership.
Energy analysts view the decision as a notable development that could influence the cohesion and effectiveness of the oil-producing bloc.
The move is expected to grant Abu Dhabi greater flexibility in setting its production levels independently, without being bound by quota agreements within the alliance.
According to official statements, the withdrawal aligns with the UAE’s long-term strategic and economic vision, reflecting the rapid evolution of its energy sector and expanded investment in domestic production capacity. Authorities emphasized that the country will continue to act as a responsible and reliable producer in global energy markets, maintaining its commitment to market stability
Experts warn that the departure of the UAE—one of the group’s key producers—may place additional pressure on the Saudi Arabia, widely regarded as the de facto leader of the organization, to shoulder a greater burden in balancing supply and demand. There are also concerns that other member states could reconsider their positions within the alliance if market conditions shift.
Data from the Organization of the Petroleum Exporting Countries indicates that the UAE currently produces approximately 2.9 million barrels of oil per day, compared with around 9 million barrels produced by Saudi Arabia. Despite the withdrawal, Emirati officials reiterated that production increases would be gradual and carefully calibrated in response to global demand and geopolitical developments, including tensions affecting shipping routes in the Gulf region and the strategic Strait of Hormuz.
Founded in 1960 by five countries—Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela—the Organization of the Petroleum Exporting Countries was established to coordinate petroleum policies and stabilize oil markets. Over time, it expanded to include several producers from Africa and the Middle East, becoming one of the most influential organizations in the global energy system.
The UAE’s withdrawal represents more than a procedural change—it signals a strategic recalibration that could reshape production dynamics, test the unity of the oil alliance, and influence global oil prices in the months ahead.
موقع وجه أفريقيا موقع وجه أفريقيا هو موقع مهتم بمتابعة التطورات في القارة الأفريقية