Oil slips as market digests UAE exit from OPEC, supply concerns linger

Oil slips as market digests UAE exit from OPEC, supply concerns linger

The Star Online - Business·2026-04-29 19:01

BEIJING/SINGAPORE: Oil prices eased on Wednesday from a multi-day rally as investors digested the ramifications of the United Arab Emirates' surprise decision to quit OPEC, though supply disruptions from the stalemated Iran war support the market.

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