OPEC+ Alliance Heads Toward Slight Production Increase Coinciding with UAE Exit

Informed sources in the energy sector revealed on Saturday (May 2, 2026) that the OPEC+ alliance has reached a preliminary agreement for a slight increase in oil production quotas for the upcoming month of June. According to preliminary information, seven member states agreed to raise the production ceiling by approximately 188,000 barrels per day, a step that complements last month's increase of 206,000 barrels. This decision, expected to be ratified on Sunday, follows the UAE's official withdrawal from both the OPEC organization and the OPEC+ alliance at the beginning of May. The UAE's exit is described as a strategic shift to enhance Abu Dhabi's production flexibility and expand its independent presence in global energy markets.


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Editor at Dijlah Point News, writing about Eco.

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OPEC+ Alliance Heads Toward Slight Production Increase Coinciding with UAE Exit

admin
02 May 2026
1 min read