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#OPEC inaugurated today its first Workshop on Communications and Robust Data, with the presence of distinguished representatives from the media, advisors, journalists, and energy sector professionals from all over the world as well as the active participation of multiple delegations from OPEC Member Countries. In welcoming participants attending the...

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18,966 просмотров • 1 год назад •via X (Twitter)

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The UAE has announced it’s withdrawing from OPEC and OPEC+. Al Jazeera’s Michael Appel outlines the significance of the announcement and its likely impact on the energy market.
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The UAE has announced it’s withdrawing from OPEC and OPEC+. Al Jazeera’s Michael Appel outlines the significance of the announcement and its likely impact on the energy market.

Al Jazeera English

25,427 просмотров • 2 месяцев назад

🚨BREAKING: UAE🇦🇪 EXITS OPEC AND OPEC+, OPEC LOSES ITS THIRD LARGEST PRODUCER The UAE announced its withdrawal from OPEC after more than five decades, effective on the 1st of May. The UAE is a founding member, having joined in 1967, four years before the UAE itself was established. The UAE said the move reflects its national interest and its role in meeting market needs at a time when the Strait of Hormuz crisis has disrupted energy flows and kept oil prices elevated, and forecasted higher energy demand in the future. The UAE has ambitions to increase production from 3.4 million barrels per day to five million by 2027, which OPEC quotas would have constrained. The UAE’s decision to leave OPEC and OPEC+ is a fundamental reordering of the global energy market, and a further shift towards multipolarity, with the UAE positioning itself to be at the forefront of meeting rising global energy demand. OPEC has long declined in its geopolitical power, and the UAE has decided to forge its own path with having no limits on increasing production, as the world reels from the energy shock unleashed by the Trump-Netanyahu war of aggression against Iran. The UAE is not the first in the GCC to leave OPEC, with Qatar leaving in 2019. The propaganda headlines you’ll be seeing of a UAE-Saudi conflict over the decision will likely amount to hot air. There will inevitably be short-term energy price instability, but countries around the world will rush to secure deals with the UAE to offset a major economic crisis caused by the war on Iran and the closure of the Strait of Hormuz. The international institutions of old are increasingly irrelevant, and OPEC is widely seen as the organisation of yesterday. The future will likely involve energy institutions and mechanisms within BRICS, to facilitate stable energy prices in a multipolar world. The UAE’s exit from OPEC is just one step closer in that direction. With China and the global south set to drive economic growth this century, the UAE is now well-positioned to benefit from multipolarity, free of production caps, as long-term energy demand will continue climbing, as the nations of the global south develop their economies and increase living standards for their people. My live segment on RT
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🚨BREAKING: UAE🇦🇪 EXITS OPEC AND OPEC+, OPEC LOSES ITS THIRD LARGEST PRODUCER The UAE announced its withdrawal from OPEC after more than five decades, effective on the 1st of May. The UAE is a founding member, having joined in 1967, four years before the UAE itself was established. The UAE said the move reflects its national interest and its role in meeting market needs at a time when the Strait of Hormuz crisis has disrupted energy flows and kept oil prices elevated, and forecasted higher energy demand in the future. The UAE has ambitions to increase production from 3.4 million barrels per day to five million by 2027, which OPEC quotas would have constrained. The UAE’s decision to leave OPEC and OPEC+ is a fundamental reordering of the global energy market, and a further shift towards multipolarity, with the UAE positioning itself to be at the forefront of meeting rising global energy demand. OPEC has long declined in its geopolitical power, and the UAE has decided to forge its own path with having no limits on increasing production, as the world reels from the energy shock unleashed by the Trump-Netanyahu war of aggression against Iran. The UAE is not the first in the GCC to leave OPEC, with Qatar leaving in 2019. The propaganda headlines you’ll be seeing of a UAE-Saudi conflict over the decision will likely amount to hot air. There will inevitably be short-term energy price instability, but countries around the world will rush to secure deals with the UAE to offset a major economic crisis caused by the war on Iran and the closure of the Strait of Hormuz. The international institutions of old are increasingly irrelevant, and OPEC is widely seen as the organisation of yesterday. The future will likely involve energy institutions and mechanisms within BRICS, to facilitate stable energy prices in a multipolar world. The UAE’s exit from OPEC is just one step closer in that direction. With China and the global south set to drive economic growth this century, the UAE is now well-positioned to benefit from multipolarity, free of production caps, as long-term energy demand will continue climbing, as the nations of the global south develop their economies and increase living standards for their people. My live segment on RT

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18,021 просмотров • 2 месяцев назад

The UAE has announced it will leave #OPEC and OPEC+ effective May 1, marking a notable shift in its long term energy strategy. Amena Bakr , Head of Middle East Energy and OPEC+ at Kpler, provides analysis on the drivers behind the decision and its broader implications for #oil markets. Stay ahead of the market with #Kpler Insight:
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The UAE has announced it will leave #OPEC and OPEC+ effective May 1, marking a notable shift in its long term energy strategy. Amena Bakr , Head of Middle East Energy and OPEC+ at Kpler, provides analysis on the drivers behind the decision and its broader implications for #oil markets. Stay ahead of the market with #Kpler Insight:

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#Highlights of the 19th Technical Meeting of OPEC and non-OPEC countries participating in the Charter of Cooperation (CoC) held on 1 June 2026 in Vienna, Austria.
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"The fact that one of the largest producers in the world is no longer part of that, really makes OPEC now a toothless tiger." Stephen Moore joins Katie to discuss the UAE's exit from the OPEC oil cartel - and breaks down what that means for energy prices here in the U.S.
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"The fact that one of the largest producers in the world is no longer part of that, really makes OPEC now a toothless tiger." Stephen Moore joins Katie to discuss the UAE's exit from the OPEC oil cartel - and breaks down what that means for energy prices here in the U.S.

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103,631 просмотров • 2 месяцев назад

The UAE has announced it will withdraw from OPEC and OPEC+. The move comes as Gulf countries face unprecedented economic disruption from the US and Israel war with Iran. Al Jazeera’s Dominic Kane reports.
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The UAE has announced it will withdraw from OPEC and OPEC+. The move comes as Gulf countries face unprecedented economic disruption from the US and Israel war with Iran. Al Jazeera’s Dominic Kane reports.

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What I learnt this week over 2 days listening to oil traders, producer and service CEOs, analysts, politicians, and the Secretary General of OPEC at the Energy Aspects annual conference in London:
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Susan Kokinda on the dismantling of OPEC and the petro dollar..
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''Does it make sense that you have a country which is a major producer, a member of the OPEC, and you are importing crude oil from America, Iraq and the rest of the world?'' -Energy Expert, Kelvin Emmanuel #PoliitcsToday
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A must watch: Totalenergies view of global oil demand and the role of OPEC
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🚨 BREAKING NEWS: UAE to exit OPEC and OPEC+ starting from 1 May After 50+ years as a founding heavyweight, the UAE is walking away from the world's most powerful oil cartel. Official statement via WAM says it's a strategic move for "long-term economic vision" and full production flexibility amid Gulf disruptions. Why this shakes the planet OPEC and OPEC+ control ~40% of global oil output and sets the quotas that literally move the price of every barrel on Earth. Their decisions dictate what you pay at the pump, inflation in your grocery bill, stock markets, airlines, shipping — basically the entire global economy runs on their rhythm.
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Today marks the 50th Anniversary of the First Summit of Heads of State and Government that took place in Algiers in 1975. The Summit addressed the plight of poorer nations. It called for a new era of cooperation in international relations and for dialogue between producers and consumers in the interests of global economic development, security of supply and market stability. And it reaffirmed the sovereignty of #OPEC Member Countries over their natural resources and their right to develop. The Summit also led to the establishment of the OPEC Fund for International Development in 1976.
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Today marks the 50th Anniversary of the First Summit of Heads of State and Government that took place in Algiers in 1975. The Summit addressed the plight of poorer nations. It called for a new era of cooperation in international relations and for dialogue between producers and consumers in the interests of global economic development, security of supply and market stability. And it reaffirmed the sovereignty of #OPEC Member Countries over their natural resources and their right to develop. The Summit also led to the establishment of the OPEC Fund for International Development in 1976.

OPEC

29,002 просмотров • 1 год назад

Key insights from the IEA-IEF-OPEC Symposium on Energy Outlooks held in Riyadh, Saudi Arabia:
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33,869 просмотров • 4 месяцев назад

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119,676 просмотров • 2 месяцев назад

Live today from Vienna outside Hofburg Palace for the OPEC seminar
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The UAE energy minister Mazroui on the decision to exit Opec and how it was received
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عبدالعزيز المقبل

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🚨 JUST NOW: Sec. Scott Bessent reveals the United Arab Emirates LEAVING OPEC could be HUGE for gas prices "I am confident on the other side of this the world is going to be awash in oil. The UAE has come out of OPEC, they are going to be pumping more!" "OPEC just announced they are going to be pumping more and the US has record crude deliveries." "We are the number one energy superpower in the world and we have never delivered so much crude." LFG!
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🚨 JUST NOW: Sec. Scott Bessent reveals the United Arab Emirates LEAVING OPEC could be HUGE for gas prices "I am confident on the other side of this the world is going to be awash in oil. The UAE has come out of OPEC, they are going to be pumping more!" "OPEC just announced they are going to be pumping more and the US has record crude deliveries." "We are the number one energy superpower in the world and we have never delivered so much crude." LFG!

Eric Daugherty

83,383 просмотров • 1 месяц назад

The GECF Launched the New Edition of Its Global Gas Outlook Report Doha, Qatar – 10 March 2025 – The Gas Exporting Countries Forum (GECF) officially launched the latest edition of its annual flagship publication, the Global Gas Outlook (GGO), today at the GECF Secretariat via video conference. The 9th edition of GGO 2050 presents projections and in-depth analyses of the global energy system, with a particular focus on natural gas, extending through the middle of the century. The launch event was presided over by HE Eng. Mohamed Hamel, Secretary General of the GECF, and attended by HE Dr. Sheikh Mishal Al-Thani, Representative of the State of Qatar on the GECF Executive Board, alongside distinguished representatives from GECF member countries, as well as prominent leaders and experts from guest countries and peer international organizations. The 9th edition of the GGO is available on the GECF website:🔗 📜 The welcoming remarks by His Excellency Mohamed Hamel are available here: Watch a short video highlighting key findings here:
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The GECF Launched the New Edition of Its Global Gas Outlook Report Doha, Qatar – 10 March 2025 – The Gas Exporting Countries Forum (GECF) officially launched the latest edition of its annual flagship publication, the Global Gas Outlook (GGO), today at the GECF Secretariat via video conference. The 9th edition of GGO 2050 presents projections and in-depth analyses of the global energy system, with a particular focus on natural gas, extending through the middle of the century. The launch event was presided over by HE Eng. Mohamed Hamel, Secretary General of the GECF, and attended by HE Dr. Sheikh Mishal Al-Thani, Representative of the State of Qatar on the GECF Executive Board, alongside distinguished representatives from GECF member countries, as well as prominent leaders and experts from guest countries and peer international organizations. The 9th edition of the GGO is available on the GECF website:🔗 📜 The welcoming remarks by His Excellency Mohamed Hamel are available here: Watch a short video highlighting key findings here:

Gas Exporting Countries Forum

23,149 просмотров • 1 год назад