---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40259610.md"
description: "The United Arab Emirates has issued a statement: it will withdraw from OPEC and OPEC+ from May 1st.(Production cuts are weakening... The OPEC framework was well-conceived at the time to stabilize oil prices, regulate supply, and stabilize the global economy. However, over the years, countries like Nigeria and Angola have been unable to meet their set quotas, resulting in waste. Oil prices are somewhat like exchange rates; both too high and too low can severely damage the economy, with stability being the optimal solution... After the UAE's withdrawal, oil prices will face high volatility... Beware of the risks.)"
datetime: "2026-04-28T12:37:27.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40259610.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40259610.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40259610.md)
author: "[AngerBird](https://longbridge.com/en/profiles/13017810.md)"
---

# The United Arab Emirates has issued a statement: i…


## Comments (5)

- **嘿嘿^ · 2026-04-28T13:49:35.000Z · 👍 1**: It would be better for this organization to disband, as it has political influence and monopolistically manipulates supply, demand, and prices.
- **嘿嘿^ · 2026-04-28T13:46:08.000Z · 👍 1**: Those who exited all think the quota is too small.
  - **D 大** (2026-04-28T14:01:54.000Z): It's suffocating. Long-term bearish for oil prices. The Americans can no longer casually exploit the whole world with oil. The world has suffered under tyranny for too long.
  - **嘿嘿^** (2026-04-28T14:05:01.000Z): If oil prices are too low, fiscal revenue will decrease, so we can only pump it up.
- **D 大 · 2026-04-28T13:37:54.000Z · 👍 3**: Get cash ready and wait for the golden opportunity.