, Columnist
Could OPEC's House of Cards Collapse?
The UAE may not be serious about quitting the oil cartel, but its tantrum is a timely reminder of the group's deep fractures.
Can he keep the OPEC+ accord together?
Photographer: Karim Sahib/AFP via Getty Images
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All is not well in the house of OPEC.
As the cartel’s oil ministers prepare to meet in just over a week to decide on the next step in their record-breaking output deal, officials in the United Arab Emirates, normally a loyal Saudi ally, are privately questioning the benefits of participating, and may even be considering whether to leave the Organization of Petroleum Exporting Counties.