(World Oil) – The United Arab Emirates will leave OPEC and its wider alliance, OPEC+, dealing a blow to the group and its leader Saudi Arabia as the global oil industry grapples with the massive supply disruption caused by the Iran war. The UAE’s exit May 1 after six decades of membership is a significant loss for the group, which
(By Oil & Gas 360) – Energy markets are entering a more complex phase. Prices are no longer reacting to a single catalyst but to a mix of war risk, policy response, capital shifts, and macro pressure. The result is a market that feels unstable not just because of volatility, but because the underlying drivers are pulling in different directions
(By Oil & Gas 360) – Global oil markets are being reshaped in real time as geopolitical disruptions and shifting sanctions policies force buyers and producers to rethink long-established trade patterns. A recent U.S. waiver allowing limited purchases of Russian crude has helped keep some barrels moving into the global system, particularly into Asia. The move was designed as a short-term
