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Will another country leave OPEC in 2026?

icon for Will another country leave OPEC in 2026?

Will another country leave OPEC in 2026?

39% chance
Polymarket

$175,089 Vol.

39% chance
Polymarket

$175,089 Vol.

On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/. This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”. An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect. Informal announcements, statements from unnamed sources, or leaks will not qualify. This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.The UAE’s exit from OPEC and OPEC+ on May 1, 2026, marked the most significant departure in years, driven by long-standing frustration with production quotas that constrained its capacity expansion plans, tensions with Saudi Arabia over policy and regional influence, and the desire to respond freely to market conditions amid the Iran conflict and Hormuz disruptions. Iraq has pressed for higher quotas and briefly raised exit scenarios in June without acting, while Venezuela has weighed a potential departure as of late August but remains a member. No other countries have announced or completed exits since the UAE move. OPEC+ continues coordinated output adjustments through 2026, with core members focusing on quota reviews and capacity baselines for 2027 rather than further defections. These factors underpin trader consensus that another departure this year remains unlikely.

On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/.

This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”.

An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect.

Informal announcements, statements from unnamed sources, or leaks will not qualify.

This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.
On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/. This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”. An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect. Informal announcements, statements from unnamed sources, or leaks will not qualify. This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.
Volume
$175,089
Data de Término
31 dez 2026
Mercado Aberto
Apr 28, 2026, 1:11 PM ET
On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/. This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”. An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect. Informal announcements, statements from unnamed sources, or leaks will not qualify. This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.The UAE’s exit from OPEC and OPEC+ on May 1, 2026, marked the most significant departure in years, driven by long-standing frustration with production quotas that constrained its capacity expansion plans, tensions with Saudi Arabia over policy and regional influence, and the desire to respond freely to market conditions amid the Iran conflict and Hormuz disruptions. Iraq has pressed for higher quotas and briefly raised exit scenarios in June without acting, while Venezuela has weighed a potential departure as of late August but remains a member. No other countries have announced or completed exits since the UAE move. OPEC+ continues coordinated output adjustments through 2026, with core members focusing on quota reviews and capacity baselines for 2027 rather than further defections. These factors underpin trader consensus that another departure this year remains unlikely.

On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/.

This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”.

An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect.

Informal announcements, statements from unnamed sources, or leaks will not qualify.

This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.
On April 28, 2026, the United Arab Emirates officially announced that it would withdraw from OPEC. You can read more about that here: https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/. This market will resolve to “Yes” if another OPEC member officially announces its withdrawal from OPEC between market creation and December 31, 2026, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to “No”. An official announcement made by any country that is an OPEC member at the time of market creation and has not already announced its exit will suffice, regardless of when the withdrawal is set to take effect. Informal announcements, statements from unnamed sources, or leaks will not qualify. This market’s primary resolution source will be official information from the respective governments; however, a consensus of credible reporting will also be used.
Volume
$175,089
Data de Término
31 dez 2026
Mercado Aberto
Apr 28, 2026, 1:11 PM ET

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Frequently Asked Questions

"Will another country leave OPEC in 2026?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 39% for "Yes." For example, if "Yes" is priced at 39¢, the market collectively assigns a 39% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will another country leave OPEC in 2026?" has generated $175.1K in total trading volume since the market launched on Apr 28, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will another country leave OPEC in 2026?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will another country leave OPEC in 2026?" is 39% for "Yes." This means the Polymarket crowd currently believes there is a 39% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will another country leave OPEC in 2026?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.