UAE's OPEC Exit Welcomed by Trump as Potential Relief for Oil Prices

Apr 30, 2026

91 min

Apr 30, 2026 05:31

Trump says UAE’s OPEC exit may ease oil price pressure

## UAE's Departure from OPEC

The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, effective May 1, 2026. This marks the end of nearly 60 years of the UAE's participation in the group, allowing the country more autonomy in setting its oil production levels.

## Trump's Reaction

Former U.S. President Donald Trump has expressed approval of the UAE's move, suggesting it could help reduce oil and gas prices. He noted that the decision comes at a time when global energy markets are under strain due to ongoing tensions involving Iran.

## Impact on Oil Markets

The UAE's exit from OPEC is significant as it is one of the major oil producers in the Gulf region. The decision allows the UAE to increase its oil output independently, potentially easing the tight supply conditions that have kept prices high.

## Reasons Behind the Decision

UAE officials have stated that the decision was made after a thorough review of the country's production policies and future energy plans. The move is seen as aligning with the UAE's national interests and its strategy to respond more swiftly to market demands.

## Future Production Plans

The UAE has been investing in expanding its oil production capacity, with plans to increase output from 3.4 million barrels per day to 5 million barrels per day by 2027. By leaving OPEC, the UAE gains the flexibility to bring this new capacity to market without being constrained by OPEC's production quotas.

## Strategic Timing

UAE Energy Minister Suhail Mohamed Al Mazrouei emphasized that the timing of the exit was chosen to minimize market disruption. He noted that current shipping restrictions in the region influenced the decision, aiming to ensure that the move does not significantly impact oil prices.

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