U.A.E. to Leave OPEC, Removing 13% of Group’s Production Capacity

About this episode

The episode discusses the U.A.E.'s decision to leave OPEC and highlights profit reports from General Motors and Kimberly-Clark.

Plus: General Motors beat Wall Street's profit estimate for the first quarter. And Kimberly-Clark reported higher profit and rising sales. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Anthony Bansie

Topics covered

• OPEC
• U.A.E.
• General Motors
• Kimberly-Clark
• profit estimates
• business news

Keywords

• U.A.E.
• OPEC
• General Motors
• Kimberly-Clark
• profit
• business news
• Wall Street

Mentioned in this episode

Organizations: U.A.E., OPEC, General Motors, Kimberly-Clark

More episodes of WSJ Minute Briefing

• SpaceX IPO Surge Crowns Musk as World’s First Trillionaire · June 12, 2026 · 2 min
• SpaceX Shares Climb After Trading Debut on the Nasdaq · June 12, 2026 · 2 min
• Markets Brace for SpaceX Trading Launch · June 12, 2026 · 2 min
• Dow Surges 930 Points After Trump Cancels Strikes on Iran · June 11, 2026 · 2 min
• President Trump Says U.S. Will Hit Iran Tonight · June 11, 2026 · 3 min
• OpenAI Considers Price Cuts as Tech War Intensifies · June 11, 2026 · 3 min