UAE’s Exit From OPEC Could Trigger Oil Market Volatility — CRMI
The Chartered Risk Management Institute of Nigeria, CRMI, has urged Nigerian authorities, businesses and investors to prepare for potential shocks in the global oil market following the United Arab Emirates’ exit from the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026 In a policy advisory, CRMI Registrar and Chief Executive Officer, Victor Olannye said the development could weaken OPEC’s influence over oil supply coordination and expose countries […]