# UAE Exits OPEC, 31% Wheat Ratings, and the $10.7B Gold Merger Reshaping Markets

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/uae-exits-opec-31-wheat-ratings-and-the-10-7b-gold-merger-reshaping-markets
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/uae-exits-opec-31-wheat-ratings-and-the-10-7b-gold-merger-reshaping-markets.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-05-05T13:13:22+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/UAE-Exits-OPEC--31-Wheat-Ratings--and-the-10-7B-Gold-Merger-Reshaping-Markets-e3itpjg
Audio file: https://anchor.fm/s/10747c694/podcast/play/119514160/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-5%2F9c32f414-8d81-5596-8857-dac3f69d9883.mp3
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Duration seconds: 554

## Resource

We analyze a historic week in commodities as the UAE exits OPEC, reducing the cartel’s market share to 26%. We dive into the $10.7 billion Regis-Vault gold merger, Argentina’s 49% projected jump in mining exports, and the $100 billion struggle to repair Venezuela’s failing power grid. Plus, a look at why U.S. winter wheat ratings have hit a multi-year low while Brazil prepares for a record-breaking 181.6 million ton soybean harvest. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy

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## Transcript

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