UAE Exits OPEC After Three-Year Consideration Amidst Changing Energy Landscape
UAE considered leaving OPEC over three years, says presidential adviser

Image: Deccan Herald
The United Arab Emirates (UAE) officially left the Organization of the Petroleum Exporting Countries (OPEC) on May 1, a decision influenced by the belief that the world is nearing the end of the hydrocarbon era. This move aims to maximize oil revenues as the UAE seeks to increase its production capacity from 4.85 million barrels per day to 5 million by 2027.
- 01The UAE's exit from OPEC was influenced by a three-year assessment of the global energy landscape.
- 02Anwar Gargash, adviser to UAE President Sheikh Mohamed bin Zayed Al Nahyan, emphasized the need to maximize oil revenues.
- 03The UAE's production capacity is currently 4.85 million barrels per day, with plans to increase it to 5 million by 2027.
- 04Prior to its exit, the UAE's production target within OPEC was limited to 3.5 million barrels per day.
- 05Tensions between the UAE and Saudi Arabia have escalated, affecting both oil policies and regional geopolitics.
Advertisement
In-Article Ad
The United Arab Emirates (UAE) has officially exited the Organization of the Petroleum Exporting Countries (OPEC) as of May 1, a decision that has been in consideration for three years. Anwar Gargash, a senior adviser to UAE President Sheikh Mohamed bin Zayed Al Nahyan, stated that the UAE views the world as approaching the 'autumn of the hydrocarbon age,' prompting the need to maximize oil revenues while possible. The UAE's current production capacity stands at 4.85 million barrels per day, with plans to increase this to 5 million barrels per day by 2027. Previously, OPEC production quotas restricted the UAE's output to around 3.5 million barrels per day, which the UAE found limiting. Although the immediate impact on the oil market is expected to be minimal due to geopolitical tensions, particularly concerning Iran's control over the Strait of Hormuz, the exit could significantly alter OPEC's influence on oil supplies in the long term. Additionally, the UAE and Saudi Arabia, once allies, have increasingly become rivals, with disagreements extending beyond oil policy to regional geopolitics and competition for foreign investment.
Advertisement
In-Article Ad
The UAE's exit from OPEC could lead to increased oil production and revenue, allowing for greater investment in other sectors.
Advertisement
In-Article Ad
Reader Poll
What do you think about the UAE's decision to leave OPEC?
Connecting to poll...
More about OPEC

Emiratos Árabes Unidos advierte sobre el conflicto entre EE.UU. e Irán y sus repercusiones regionales
Investing • May 22, 2026
Gulf States Navigate Complex Relations Amid Iran Conflict: UAE Aligns with Israel, Saudi Arabia Hesitant
Jpost • May 21, 2026

OPEC के कमजोर होने से भारत को मिलेगा ऊर्जा में लाभ: विशेषज्ञ
Aaj Tak • May 21, 2026
Read the original article
Visit the source for the complete story.




