OPEC: Algeria Supports Riyadh After Abu Dhabi's Departure

Author: Francis NoudePublished on: May 2, 2026Country: Algeria

PoliticsBusiness & Economy

OPEC: Algeria Supports Riyadh After Abu Dhabi's Departure

Algerian President Abdelmadjid Tebboune described the United Arab Emirates' withdrawal from OPEC as a 'non-event,' identifying Saudi Arabia as the Arab pillar of the organization. The UAE, which left OPEC after 59 years, cited the need for production flexibility. Algeria reaffirmed its commitment to OPEC and OPEC+, emphasizing its historical role in the cartel.

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