Sultan Ahmed Al Jaber

Group CEO, Abu Dhabi National Oil Company (ADNOC)

Appears in 1 story

Born: August 31, 1973, Umm Al Quwain

Previous offices: Minister of State of the United Arab Emirates, COP28 President

Last updated Nov 2, 2026

Stories

UAE exits OPEC after 59 years, removing 13% of cartel capacity

Money Moves

As of May 2026: Overseeing capacity expansion and post-OPEC production planning

The United Arab Emirates joined OPEC in 1967, when crude sold for under $2 a barrel. On May 1, 2026, after fifty-nine years, it walks out—taking roughly 13% of OPEC's production capacity, according to the International Energy Agency.

Updated May 31