Why is UAE leaving OPEC and what will it mean for global oil prices?
Videos
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Why is UAE leaving OPEC and what will it mean for global oil prices?
01:58 | April 28, 2026
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Oil surpasses $100 per barrel following tanker attacks in Red Sea
02:14 | July 23, 2026
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Inflation slows to 2.8 per cent in June, as gasoline prices fall
01:50 | July 20, 2026
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Business Matters: Price of oil climbs past $90 a barrel
02:02 | July 20, 2026
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Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices
05:01 | July 15, 2026
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Energy markets on edge as U.S.-Iran strikes resume
07:33 | July 12, 2026
-
Oil prices surge after Trump declares end of Iran peace deal
01:46 | July 8, 2026
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Iran, U.S. give conflicting messages on peace talks
02:01 | June 29, 2026
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Canada sees highest inflation rate in more than two years
01:46 | June 22, 2026
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Top News: Inflation in Canada jumps to 3.2% year-over-year in May
02:04 | June 22, 2026
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How will end of Iran war impact gas prices?
01:52 | June 15, 2026
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Business Matters: Inflation in Canada rises to 2.8% in April
02:28 | May 19, 2026
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How expensive gas is affecting Canadians’ summer travel plans
01:47 | May 11, 2026
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Iran, U.S. reportedly reviewing memo to restart peace talks
01:46 | May 6, 2026
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Strait of Hormuz standoff continues as Iran, U.S. both claim control
01:52 | May 5, 2026
-
Trump asked what Iran could do to violate cease-fire: ‘You’ll find out’
02:20 | May 5, 2026
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Police investigating shooting near White House involving Secret Service
01:26 | May 5, 2026
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Fresh attacks in Middle East threaten Iran ceasefire
01:57 | May 4, 2026
-
Gas prices spike as oil supply shortfall intensifies
06:42 | May 3, 2026
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Iran war standoff pushes oil prices to 4-year high
01:49 | April 30, 2026
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Hegseth denies Iran war is ‘quagmire’ as inflation balloons
02:00 | April 29, 2026
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Air travel facing fuel crisis as Iran war squeezes supply
01:52 | April 22, 2026
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High fuel costs weigh on summer travel plans
01:49 | April 22, 2026
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Business Matters: Iran war impacting price of consumer goods
02:18 | April 22, 2026
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Canada’s inflation rate hits 2.4% in March
01:58 | April 20, 2026
-
European vacation dreams in jeopardy as jet fuel could run out in 6 weeks amid Iran war
01:48 | April 16, 2026
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Canada’s food suppliers add fuel surcharges amid Hormuz closure
02:05 | April 15, 2026
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Canadians welcome ‘necessary’ gas tax relief
01:51 | April 14, 2026
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Carney’s gas tax holiday to cost $2.4B, last until Labour Day
01:56 | April 14, 2026
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Carney says he will temporarily suspend Canada’s fuel excise tax amid Iran war
01:11 | April 14, 2026
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Liberals ‘can’t control what’s happening in Iran,’ but can in Canada: Tory, Bloc MPs on gas tax
04:37 | April 13, 2026
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Why is UAE leaving OPEC and what will it mean for global oil prices?
01:58 | April 28, 2026
-
Oil surpasses $100 per barrel following tanker attacks in Red Sea
02:14 | July 23, 2026
-
Inflation slows to 2.8 per cent in June, as gasoline prices fall
01:50 | July 20, 2026
-
Business Matters: Price of oil climbs past $90 a barrel
02:02 | July 20, 2026
-
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices
05:01 | July 15, 2026
-
Energy markets on edge as U.S.-Iran strikes resume
07:33 | July 12, 2026
-
Oil prices surge after Trump declares end of Iran peace deal
01:46 | July 8, 2026
-
Iran, U.S. give conflicting messages on peace talks
02:01 | June 29, 2026
-
Canada sees highest inflation rate in more than two years
01:46 | June 22, 2026
-
Top News: Inflation in Canada jumps to 3.2% year-over-year in May
02:04 | June 22, 2026
-
How will end of Iran war impact gas prices?
01:52 | June 15, 2026
-
Business Matters: Inflation in Canada rises to 2.8% in April
02:28 | May 19, 2026
-
How expensive gas is affecting Canadians’ summer travel plans
01:47 | May 11, 2026
-
Iran, U.S. reportedly reviewing memo to restart peace talks
01:46 | May 6, 2026
-
Strait of Hormuz standoff continues as Iran, U.S. both claim control
01:52 | May 5, 2026
-
Trump asked what Iran could do to violate cease-fire: ‘You’ll find out’
02:20 | May 5, 2026
-
Police investigating shooting near White House involving Secret Service
01:26 | May 5, 2026
-
Fresh attacks in Middle East threaten Iran ceasefire
01:57 | May 4, 2026
-
Gas prices spike as oil supply shortfall intensifies
06:42 | May 3, 2026
-
Iran war standoff pushes oil prices to 4-year high
01:49 | April 30, 2026
-
Hegseth denies Iran war is ‘quagmire’ as inflation balloons
02:00 | April 29, 2026
-
Air travel facing fuel crisis as Iran war squeezes supply
01:52 | April 22, 2026
-
High fuel costs weigh on summer travel plans
01:49 | April 22, 2026
-
Business Matters: Iran war impacting price of consumer goods
02:18 | April 22, 2026
-
Canada’s inflation rate hits 2.4% in March
01:58 | April 20, 2026
-
European vacation dreams in jeopardy as jet fuel could run out in 6 weeks amid Iran war
01:48 | April 16, 2026
-
Canada’s food suppliers add fuel surcharges amid Hormuz closure
02:05 | April 15, 2026
-
Canadians welcome ‘necessary’ gas tax relief
01:51 | April 14, 2026
-
Carney’s gas tax holiday to cost $2.4B, last until Labour Day
01:56 | April 14, 2026
-
Carney says he will temporarily suspend Canada’s fuel excise tax amid Iran war
01:11 | April 14, 2026
-
Liberals ‘can’t control what’s happening in Iran,’ but can in Canada: Tory, Bloc MPs on gas tax
04:37 | April 13, 2026
Why is UAE leaving OPEC and what will it mean for global oil prices?
Description
April 28, 2026
After talks to end the Iran war, in another blow to the global oil markets, the United Arab Emirates announced that it will leave the Organization of Petroleum Exporting Countries (OPEC) in May. A decades-long partnership has ruptured in the Middle East. Nathaniel Dove reports what we know about the cause and how this could affect global gas prices.
-
Why is UAE leaving OPEC and what will it mean for global oil prices?01:58 | April 28, 2026 -
Oil surpasses $100 per barrel following tanker attacks in Red Sea02:14 | July 23, 2026 -
Inflation slows to 2.8 per cent in June, as gasoline prices fall01:50 | July 20, 2026 -
Business Matters: Price of oil climbs past $90 a barrel02:02 | July 20, 2026 -
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices05:01 | July 15, 2026 -
Energy markets on edge as U.S.-Iran strikes resume07:33 | July 12, 2026 -
Oil prices surge after Trump declares end of Iran peace deal01:46 | July 8, 2026 -
Iran, U.S. give conflicting messages on peace talks02:01 | June 29, 2026 -
Canada sees highest inflation rate in more than two years01:46 | June 22, 2026 -
Top News: Inflation in Canada jumps to 3.2% year-over-year in May02:04 | June 22, 2026 -
How will end of Iran war impact gas prices?01:52 | June 15, 2026 -
Business Matters: Inflation in Canada rises to 2.8% in April02:28 | May 19, 2026 -
How expensive gas is affecting Canadians’ summer travel plans01:47 | May 11, 2026 -
Iran, U.S. reportedly reviewing memo to restart peace talks01:46 | May 6, 2026 -
Strait of Hormuz standoff continues as Iran, U.S. both claim control01:52 | May 5, 2026 -
Trump asked what Iran could do to violate cease-fire: ‘You’ll find out’02:20 | May 5, 2026 -
Police investigating shooting near White House involving Secret Service01:26 | May 5, 2026 -
Fresh attacks in Middle East threaten Iran ceasefire01:57 | May 4, 2026 -
Gas prices spike as oil supply shortfall intensifies06:42 | May 3, 2026 -
Iran war standoff pushes oil prices to 4-year high01:49 | April 30, 2026 -
Hegseth denies Iran war is ‘quagmire’ as inflation balloons02:00 | April 29, 2026 -
Air travel facing fuel crisis as Iran war squeezes supply01:52 | April 22, 2026 -
High fuel costs weigh on summer travel plans01:49 | April 22, 2026 -
Business Matters: Iran war impacting price of consumer goods02:18 | April 22, 2026 -
Canada’s inflation rate hits 2.4% in March01:58 | April 20, 2026 -
European vacation dreams in jeopardy as jet fuel could run out in 6 weeks amid Iran war01:48 | April 16, 2026 -
Canada’s food suppliers add fuel surcharges amid Hormuz closure02:05 | April 15, 2026 -
Canadians welcome ‘necessary’ gas tax relief01:51 | April 14, 2026 -
Carney’s gas tax holiday to cost $2.4B, last until Labour Day01:56 | April 14, 2026 -
Carney says he will temporarily suspend Canada’s fuel excise tax amid Iran war01:11 | April 14, 2026 -
Liberals ‘can’t control what’s happening in Iran,’ but can in Canada: Tory, Bloc MPs on gas tax04:37 | April 13, 2026
-
Why is UAE leaving OPEC and what will it mean for global oil prices?01:58 | April 28, 2026
-
Oil surpasses $100 per barrel following tanker attacks in Red Sea02:14 | July 23, 2026
-
Inflation slows to 2.8 per cent in June, as gasoline prices fall01:50 | July 20, 2026
-
Business Matters: Price of oil climbs past $90 a barrel02:02 | July 20, 2026
-
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices05:01 | July 15, 2026
-
Energy markets on edge as U.S.-Iran strikes resume07:33 | July 12, 2026
-
Oil prices surge after Trump declares end of Iran peace deal01:46 | July 8, 2026
-
Iran, U.S. give conflicting messages on peace talks02:01 | June 29, 2026
-
Canada sees highest inflation rate in more than two years01:46 | June 22, 2026
-
Top News: Inflation in Canada jumps to 3.2% year-over-year in May02:04 | June 22, 2026
-
How will end of Iran war impact gas prices?01:52 | June 15, 2026
-
Business Matters: Inflation in Canada rises to 2.8% in April02:28 | May 19, 2026
-
How expensive gas is affecting Canadians’ summer travel plans01:47 | May 11, 2026
-
Iran, U.S. reportedly reviewing memo to restart peace talks01:46 | May 6, 2026
-
Strait of Hormuz standoff continues as Iran, U.S. both claim control01:52 | May 5, 2026
-
Trump asked what Iran could do to violate cease-fire: ‘You’ll find out’02:20 | May 5, 2026
-
Police investigating shooting near White House involving Secret Service01:26 | May 5, 2026
-
Fresh attacks in Middle East threaten Iran ceasefire01:57 | May 4, 2026
-
Gas prices spike as oil supply shortfall intensifies06:42 | May 3, 2026
-
Iran war standoff pushes oil prices to 4-year high01:49 | April 30, 2026
-
Hegseth denies Iran war is ‘quagmire’ as inflation balloons02:00 | April 29, 2026
-
Air travel facing fuel crisis as Iran war squeezes supply01:52 | April 22, 2026
-
High fuel costs weigh on summer travel plans01:49 | April 22, 2026
-
Business Matters: Iran war impacting price of consumer goods02:18 | April 22, 2026
-
Canada’s inflation rate hits 2.4% in March01:58 | April 20, 2026
-
European vacation dreams in jeopardy as jet fuel could run out in 6 weeks amid Iran war01:48 | April 16, 2026
-
Canada’s food suppliers add fuel surcharges amid Hormuz closure02:05 | April 15, 2026
-
Canadians welcome ‘necessary’ gas tax relief01:51 | April 14, 2026
-
Carney’s gas tax holiday to cost $2.4B, last until Labour Day01:56 | April 14, 2026
-
Carney says he will temporarily suspend Canada’s fuel excise tax amid Iran war01:11 | April 14, 2026
-
Liberals ‘can’t control what’s happening in Iran,’ but can in Canada: Tory, Bloc MPs on gas tax04:37 | April 13, 2026
Why is UAE leaving OPEC and what will it mean for global oil prices?
Description
April 28, 2026
After talks to end the Iran war, in another blow to the global oil markets, the United Arab Emirates announced that it will leave the Organization of Petroleum Exporting Countries (OPEC) in May. A decades-long partnership has ruptured in the Middle East. Nathaniel Dove reports what we know about the cause and how this could affect global gas prices.
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