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Why is the UAE withdrawing from OPEC?

Why is the UAE withdrawing from OPEC?

Episode 1520 Published 1 month, 1 week ago
Description

The United Arab Emirates quits OPEC. The oil-producing bloc is losing one of its most important members. It comes during the worst global energy crisis of modern times, caused by the Iran war, which has hit the UAE hard. So why now - and what's the impact? 

In this episode: 

  • Chris Weafer, Chief Executive Officer at Macro-Advisory strategic consultancy 
  • Cornelia Meyer, CEO of Meyer Resources and an oil and gas Specialist 
  • Torbjorn Soltvedt, Associate Director at the global risk intelligence company, Verisk Maplecroft 

Host: Mohammed Jamjoom

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