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Despite the Exit of the Emirates. OPEC+ Countries Prepare to Increase Oil Production

OPEC+ is likely to agree a small quota increase on oil production on Sunday, May 3, despite the loss of the lion's share of its exports due to the US-Israel war with Iran and the exit of a key member — United Arab Emirates.
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OPEC+ is likely to agree a small quota increase on oil production on Sunday, May 3, despite the loss of the lion's share of its exports due to the US-Israel war with Iran and the exit of a key member — United Arab Emirates.

·Ukraine
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The block evaluates to add 188,000 barrels a day after the departure of the United Arab Emirates, in a context marked by war and a fall of 18.6% in total production since February.

·Argentina
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Ámbito broke the news in Argentina on Wednesday, April 29, 2026.
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