Exiting OPEC, UAE seeks greater flexibility and growth led by its own oil

Abu Dhabi ups crude output to increase investment capability, attract foreign funds

OPEC's logo is visible outside its headquarters in Vienna, on May 28, 2024. The decision by the United Arab Emirates to exit the organization of oil producing countries has raised questions about its sustainability. © Reuters

Vandana Hari is the founder of Vanda Insights, a Singapore-based global energy market intelligence provider.