OPEC's global crude output share could fall from 35% to 31% without UAE: EIA
New Delhi, June 24 -- The United Arab Emirates' (UAE) exit from OPEC has reduced the group's share in global crude oil production and production capacity, according to data released by the U.S. Energy Information Administration (EIA).
According to the report, OPEC, including the UAE, produced an estimated 28.0 million b/d of crude oil in 2025, accounting for 35 per cent of total global crude oil production. Without the UAE, OPEC's share of world crude oil production would have been 31 per cent.
It stated, "Without the UAE's contribution, the group's share of world total crude oil production would have been 31 per cent in 2025".
The report further stated that the broader OPEC+ group accounted for about 46 per cent of global crude oil pr...
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