For Pedro Rodrigues, from CBIE, the decision indicates that the country intends to monetize reserves before the energy transition
O Poder360in partnership with the (Brazilian Infrastructure Center), launches this Saturday (May 9, 2026) another episode of the program Infra em 1 Minuto. The oil and gas expertpartner at CBIE, analyzes the United Arab Emirates’ exit from OPEC+ (Organization of Petroleum Exporting Countries).
Rodrigues states that the movement exposes strategic differences between large oil producers on how to react to the energy transition.
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According to the expert, While Saudi Arabia continues to defend coordinated supply restrictions to sustain high prices in the long term, the United Arab Emirates is betting on quickly expanding production to monetize its reserves.
For Rodrigues, the decision is motivated by the fear that the energy transition will impact global demand for fossil fuels. Outside of OPEC+, the country can adopt its own strategy, without the organization’s constraints.
“The stated objective is to increase production to around 5 million barrels per day by 2027”, he stated.
According to him, analysts are already working with the hypothesis of an additional entry of up to 1.6 million barrels per day into the international market, something equivalent to around 1.5% of the global oil supply.
“Volume that is not trivial in a market historically sensitive to small variations between supply and demand”, these.
Read posts about other episodes of the program Infra in 1 Minute:
