Why the U.A.E. Is Breaking Up With OPEC

About this episode

The episode discusses the United Arab Emirates' exit from OPEC and its implications for energy markets, along with housing development issues related to a Senate bill and charges against former FBI Director James Comey.

P.M. Edition for April 28. The United Arab Emirates says it’s leaving OPEC. WSJ foreign correspondent Georgi Kantchev explains how the exit will affect the powerful oil cartel and energy markets. Plus, a Senate bill meant to create more homes isn’t law yet, but it’s putting a freeze on many developments in the burgeoning build-to-rent industry. We hear from Journal housing reporter Rebecca Picciotto about how this affects future home construction projects. And former FBI Director James Comey faces Justice Department charges for a second time. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Alex Ossola

Guests: Georgi Kantchev, Rebecca Picciotto

Topics covered

• UAE OPEC exit
• energy markets
• housing development
• Senate bill
• FBI charges

Keywords

• UAE
• OPEC
• energy markets
• housing
• Senate bill
• James Comey
• FBI
• construction

Mentioned in this episode

Organizations: OPEC

Places: United Arab Emirates

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