University of Massachusetts Amherst economist Gregor Semieniuk has proposed a 'reverse OPEC'—a coalition of oil-importing nations—to address the largest energy crisis in modern history. With exports ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

BEIRUT — The United Arab Emirates announced Tuesday that it would exit the Organization of the Petroleum Exporting Countries, or OPEC, along with the wider group of partners known as OPEC+, effective ...

The United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the ...