OPEC

Submitted by Pontiac on May 2, 2026
The UAE has officially left OPEC on May 1, 2026! They left OPEC so they can greater control of their oil production, line up with their long term interests, and respond independently to market and geopolitical issues. OPEC is down to 11 members currently.
8 Comments
+4
Level 75
May 2, 2026
Good scoop! Will be interesting to see how that affects the state of oil shipments in the world.
+11
Level ∞
May 2, 2026
It's possible OPEC doesn't survive the decade.

They're less relevant then ever and they all cheat on their quotas anyway.

The countries on the list also tend to be extremely corrupt and low-functioning. Would anyone really want to join this group? I could see Saudi Arabia leaving next and then the whole thing is over.

+1
Level 82
May 2, 2026
They also be bickering amongst themselves a lot.
+4
Level 62
May 2, 2026
I think the next country to leave OPEC will most likely be either Kuwait or Iraq who are unhappy about Saudi Arabia led quotas.

Also why hasn't the OPEC quiz updated for Angola's departure in 2024?

+2
Level 82
May 2, 2026
kuwait is the most likely yeah
+4
Level ∞
May 2, 2026
D'oh! Quiz has been updated.

I changed it to include all the former members too since I predict there will be more former members in coming years but no new members.

+2
Level 32
May 3, 2026
I think Venezuela also got a high chance of quitting OPEC
+2
Level 54
May 3, 2026
Same future as of NATO.