Analysis:UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
Preview Brief
LONDON, April 28 : OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer alliance is likely to stick together and continue to coordinate on oil supply policy, OPEC+ delegates and analysts said on Tuesday. The
Feed Summary
Channel NewsAsia is tracking Diplomacy & Power developments tied to Analysis:UAE exit weakens OPEC+ power over oil market but group to stay together, sources say.