OPEC+ Meeting Offers Chance to Show Unity After UAE’s Shock Exit

This weekend’s talks among OPEC+ nations provide the oil producer group with an opportunity to project unity after the shock departure of longtime member the United Arab Emirates.

A sub-group of OPEC+ states — now reduced by one to seven — led by Saudi Arabia has provisionally agreed a modest quota increase for June despite the UAE’s departure, a delegate said ahead of their video conference on Sunday.