Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC

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Amid a gradually growing rift between longtime close allies Saudi Arabia and the UAE, the latter is now debating withdrawing from OPEC, the Wall Street Journal reported, citing unnamed Emirati officials.
This would have a significant impact on the oil producer group’s global clout, as well as allow the UAE to pursue its own oil production plans that suit its interests.

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