UAE Commits to OPEC Oil Production Cut Agreement

UAE Commits to OPEC Oil Production Cut Agreement

The United Arab Emirates (UAE) is committed to the full implementation of the oil production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC) and its allies OPEC+, Amwal Alghad reported citing Emirates News Agency.

“The UAE’s commitment to the OPEC+ agreement exceeds 100%,” UAE’s Minister of Energy, Suhail Al Mazroui said.

“The production share specified to the country according to the agreement is estimated at 3 million and 72,000 barrels per day (b/d),” Al Mazroui added.

Dina Elbehiry 642 Posts

Graduated from Faculty of Economics and Political Science- Cairo University.
Having an Economic background and currently working for Egypt Oil & Gas.

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