{"id":8022,"date":"2026-05-03T13:11:52","date_gmt":"2026-05-03T13:11:52","guid":{"rendered":"https:\/\/8657085.xyz\/?p=8022"},"modified":"2026-05-03T13:11:52","modified_gmt":"2026-05-03T13:11:52","slug":"opec-hikes-oil-production-quotas-but-stays-mum-on-uae-pull-out","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=8022","title":{"rendered":"OPEC+ hikes oil production quotas but stays mum on UAE pull-out"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div>\n<p><em><small>The UAE&#8217;s departure from OPEC and OPEC+ further rattled oil markets roiled by the Mideast war &#8211; Copyright AFP\/File JOE KLAMAR<\/small><\/em><\/p>\n<p>Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.<\/p>\n<p>The seven major producers will add 188,000 barrels per day to their total production quota for June amid the price pressure unleashed by the Mideast war, as part of \u201ctheir collective commitment to support oil market stability\u201d, according to a statement published by OPEC+.\u00a0<\/p>\n<p>The statement, following an online meeting of Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia and Saudi Arabia, made no mention of the United Arab Emirates, which quit the body on Friday, three days after announcing its withdrawal.\u00a0<\/p>\n<p>Rystad Energy analyst Jorge Leon told AFP that the silence on the UAE\u2019s departure was a sign of tense relations.<\/p>\n<p>Oil market analysts had widely expected the increase of 188,000 barrels, similar to the 206,000-barrel daily increases OPEC+ announced in both March and April when the portion allotted to the UAE was subtracted.<\/p>\n<p>\u201cBy sticking to the same production path \u2014 just minus the UAE \u2014 it\u2019s acting as if nothing has happened, deliberately downplaying internal fractures and projecting stability,\u201d Leon said.<\/p>\n<p>\u2013 Strait of Hormuz bottleneck remains \u2013<\/p>\n<p>But raising the quota on paper may not have much impact on actual production, which is already short of the limit.<\/p>\n<p>Untapped OPEC+ reserves are mainly located in the Gulf region, and exports there are trapped by the blockade of the vital Strait of Hormuz, imposed by Iran in response to the US-Israeli strikes that started the war on February 28.<\/p>\n<p>Leon, the Rystad Energy analyst, told AFP on Sunday that the cartel was looking to send \u201ca two-layer message\u201d that the UAE\u2019s exit would not disrupt how OPEC+ operates and that the group still exerts control over global oil markets despite massive disruption to oil trade due to the war.<\/p>\n<p>\u201cWhile output is increasing on paper, the real impact on physical supply remains very limited given the Strait of Hormuz constraints,\u201d Leon told AFP. \u201cThis is less about adding barrels and more about signalling that OPEC+ still calls the shots.\u201d<\/p>\n<p>The Strait of Hormuz blockade is hitting Iraq, Kuwait, Saudi Arabia and the UAE. The latter\u2019s production will no longer count towards OPEC quotas.<\/p>\n<p>\u201cTotal OPEC+ output with quota fell to 27.68 million bpd in March, against a monthly quota of 36.73 million bpd, a shortfall of approximately 9 million bpd driven almost entirely by war-related disruption rather than voluntary restraint,\u201d said Priya Walia, another analyst at Rystad Energy, ahead of Sunday\u2019s meeting.<\/p>\n<p>Iran, whose exports are now the target of a retaliatory US blockade, is an OPEC+ member but is not subject to quotas.<\/p>\n<p>Russia, the group\u2019s second-biggest producer, has been the main beneficiary of the situation. But despite soaring energy prices, it appears to be struggling to produce at the level of its current quotas as its own war in Ukraine drags on and Ukrainian drones hit oil industry facilities.<\/p>\n<p>\u2013 \u2018A big deal\u2019 \u2013<\/p>\n<p>Amena Bakr, an analyst at Kpler, described the UAE\u2019s exist as \u201ca big deal\u201d for OPEC.<\/p>\n<p>Previous withdrawals from the group by Qatar in 2019 and Angola in 2023 were less significant by comparison, Bakr told a video conference on the UAE withdrawal.<\/p>\n<p>The UAE has invested massively in infrastructure in recent years, and state-owned oil company ADNOC plans to increase output by five million barrels a day by 2027 \u2014 far above the country\u2019s last quota of around 3.5 million barrels.<\/p>\n<p>ADNOC also pledged on Sunday to spend $55 billion on new projects over the next two years, confirming that the company is \u201caccelerating growth and delivery of its strategy\u201d.<\/p>\n<p>There is also the risk for OPEC+ that other countries will leave such as Iraq and Kazakhstan, which have faced repeated accusations of surpassing their quotas.<\/p>\n<\/p><\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; 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background:#ff9ecd; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114305\" data-width=\"250\" data-height=\"250\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114305});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:139px; background:#c792ea; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114302\" data-width=\"133\" data-height=\"139\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114302});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:125px; background:#91e7ac; display:grid; place-items:center;\">\r\n\t\r\n<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114303\" data-width=\"125\" data-height=\"125\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114303});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u7ad6\u680f\uff1a160\u00d7600 \u6574\u5217\u9ad8\u5e7f\u544a -->\r\n  <div style=\"grid-row:3\/8; height:600px;  display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114301\" data-width=\"160\" data-height=\"600\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114301});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n<\/div><br \/>\n<br \/> OPEC+ hikes oil production quotas but stays mum on UAE pull-out<br \/>\n<br \/>#OPEC #hikes #oil #production #quotas #stays #mum #UAE #pullout<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UAE&#8217;s departure from OPEC and OPEC+ further rattled oil markets roiled by the Mideast&#8230;<\/p>\n","protected":false},"author":1,"featured_media":8023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[612,451,396,7971,145,8621,8620,5434,8086],"class_list":["post-8022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-hikes","tag-mum","tag-oil","tag-opec","tag-production","tag-pullout","tag-quotas","tag-stays","tag-uae"],"featured_image_urls":{"full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",768,547,false],"thumbnail":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1-150x150.jpg",150,150,true],"medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1-300x214.jpg",300,214,true],"medium_large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",640,456,false],"large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",640,456,false],"1536x1536":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",768,547,false],"2048x2048":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",768,547,false],"covernews-slider-full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",768,547,false],"covernews-slider-center":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1-768x500.jpg",768,500,true],"covernews-featured":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1.jpg",768,547,false],"covernews-medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/d8ff0332f942804872e306c347dfe389192459af-1-400x250.jpg",400,250,true]},"author_info":{"display_name":"admin","author_link":"https:\/\/8657085.xyz\/?author=1"},"category_info":"<a href=\"https:\/\/8657085.xyz\/?cat=7\" rel=\"category\">Stories<\/a>","tag_info":"Stories","comment_count":"0","_links":{"self":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/8022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8022"}],"version-history":[{"count":0,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/8022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/media\/8023"}],"wp:attachment":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}