What was the UAE's average daily crude oil production in June, and how does it compare to its previous record?

The UAE pumped 4.1 million barrels a day on average in June, according to the International Energy Agency — surpassing its prior peak of 4 million barrels a day in 2020 during an OPEC+ price war.

Why did the UAE exit OPEC, and what strategic actions has Abu Dhabi taken to increase oil output since the Iran war began?

The UAE announced its departure from OPEC at the end of April to pursue expansion plans without being constrained by the group’s output restrictions; since the war began, Abu Dhabi has deployed its own large fleet and hired additional ships from South Korea’s Sinokor Group — operating many vessels 'dark' (with transponders off) to move oil discreetly through the Persian Gulf.

UAE’s Oil Output Hit Record High in June, IEA Says

Jul 10, 2026

The IEA reported UAE crude production hit a record 4.1 million barrels per day in June following its OPEC exit. This surge, aided by expanded shipping capacity amidst regional conflict, has shifted global markets toward oversupply despite fluctuating prices.

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