The United Arab Emirates announced it will leave the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ grouping effective May 1, 2026, a major shift in its long‑term energy approach. The Ministry of Energy and Infrastructure said the decision followed a comprehensive review of production policy and capacity and aligns with national economic priorities.
The ministry framed the exit as a step to gain greater flexibility in oil production amid global market volatility and to support an independent West Asian foreign policy that has at times differed from Saudi positions during the ongoing US‑Iran war. Officials said the move is intended to strengthen the UAE’s ability to respond to changing market dynamics while continuing to contribute to global stability.
Describing the country’s evolving energy profile, the statement said the UAE will expand domestic production “in a responsible, reliable and forward‑looking” manner, bringing additional supply to markets gradually and in line with demand. It emphasized that leaving OPEC does not mean withdrawing from international cooperation; the UAE said it will remain engaged with partners and prioritize market stability when making policy decisions.
Noting more than five decades of membership, the UAE recalled joining OPEC in 1967 through Abu Dhabi and maintaining participation after forming the federation in 1971, expressing appreciation for OPEC and OPEC+ roles in balancing markets. The ministry reiterated expectations of long‑term growth in energy demand despite near‑term disruptions and highlighted the need for flexible, affordable supply.
After its exit, the UAE said it will continue investing across the energy value chain — oil, gas, renewables and low‑carbon solutions — while pursuing economic diversification and its long‑term energy transition goals.
