The UAE’s OPEC Exit Changes the Oil Trade — Here’s the Stock to Buy Now

AI summary

Oil investors woke up to a very different market this morning. The UAE — OPEC’s fourth largest producer — officially exited OPEC+ after months of tension over production quotas and market strategy. That matters because OPEC’s power has always depended on coordination. Once major members start choosing national interests over cartel discipline, pricing power weakens. ... The UAE’s OPEC Exit Changes the Oil Trade — Here’s the Stock to Buy Now