The United Arab Emirates has decided to withdraw from OPEC, a cartel composed of major state-owned oil producers. This move follows years of frustration with the production quotas mandated by the group.

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers. <img alt="UAE" for="for" src="https://npr.brightspotcdn.com/dims3/default/strip/false/crop/6282x4612+0+0/resize/6282x4612!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Fe9%2F89%2F292865394af1ba01e837f2fd54d8%2Fgettyimages-1258426012.jpg" /><p>The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC...