OPEC+ increases oil production VnExpress Leading global oil producers have decided to increase output for the third time since the outbreak of the Middle East conflict.
Ambition for an independent path drives UAE's departure from OPEC VnExpress The decision to leave OPEC, coupled with a series of independent diplomatic and security moves, indicates the UAE is pursuing its own course to reshape its position in the Middle East, according to experts.
How OPEC influences oil prices VnExpress For over 60 years, OPEC has regulated the global oil market by increasing or decreasing the production of the world's leading oil-producing nations.
The reasons behind UAE's departure from OPEC VnExpress Differences in oil production quotas and geopolitical issues with Saudi Arabia have led the UAE to consider leaving OPEC for many years.
World gold prices hit nearly one-month low VnExpress Persistent inflation fears, fueled by the ongoing Middle East conflict, have pushed world gold prices below 4,600 USD at times.
UAE to exit OPEC VnExpress The United Arab Emirates (UAE) has announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), effective May 1.
