NYTIMES (Lisa Friedman) - OPEC Plus to Keep Oil Production Steady
The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf.
NYTIMES (Jenny Gross, Jason Karaian and Rich Barbieri) - Ships Are Moving In and Out of the Persian Gulf, Easing Oil Prices
A recovery in oil flows from the Persian Gulf and a pledge by OPEC Plus to pump more crude have put downward pressure on energy prices.
NYTIMES (Lisa Friedman) - OPEC Plus Pledges to Pump More Even as Oil Prices Fall
The cartel’s decision comes as U.S.-Iran talks to end the war have eased pressure on oil supplies, even as broader market and political volatility persists.
NYTIMES (Emmett Lindner) - OPEC Plus, in Symbolic Gesture, to Increase Oil Production
The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies.
YOUTUBE (The Hill) - Gas, oil prices surge again as UAE announces exit from OPEC; peace talks stall | Sunrise
The United Arab Emirates (UAE) will leave OPEC, the country’s government said on Tuesday. The country will officially exit OPEC and its broader OPEC+ association on May 1, following the government’s internal review of its production policy, according to UAE state media, WAM. #OPEC #Gasprices #UAE
THENATIONALPULSE (Pulse Wires) - UAE Breaks With OPEC Amid Escalating Energy Crisis.
The United Arab Emirates (UAE) is exiting OPEC, signaling a shift in global oil dynamics as energy prices surge amid the Iran war.
The United Arab Emirates (UAE) is exiting OPEC, signaling a shift in global oil dynamics as energy prices surge amid the Iran war. PULSE POINTS WHAT HAPPENED: The United Arab Emirates (UAE) has announced it is leaving the Organization of the Petroleum Exporting Countries (OPEC), the global cartel of oil-producing countries. The decision to leave the organization is seen as a move by the country towards increasing oil production. DETAIL: On Tuesday, the UAE announced its decision to leave OPEC after nearly 60 years . The country was the cartel’s third-largest oil producer after Saudi Arabia and Iraq. Prior to the UAE’s departure from OPEC, the organization comprised 12 member countries: Algeria, the Republic of the Congo, Equatorial…Open