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United Arab Emirates is quitting the Opec and Opec+

United Arab Emirates is quitting the Opec and Opec+

Published 1 week, 6 days ago
Description

The United Arab Emirates (UAE) has said it is quitting the Opec and Opec+ groups of major oil producing nations after nearly 60 years.

As people continue to feel the pain at the pumps, energy giant BP has announced massive profits - meanwhile oil prices continue to climb.

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