The UAE, which plans to raise its production capacity to 5 million bpd by 2030, is concerned about an outdated baseline reference that is currently being used to assign its production quotas. REUTERS
The UAE, which plans to raise its production capacity to 5 million bpd by 2030, is concerned about an outdated baseline reference that is currently being used to assign its production quotas. REUTERS

Business

Energy

UAE says it is committed to Opec and supports output increase in August

The Opec+ alliance, which is led by Riyadh and Moscow, is set to convene its ministerial meeting tomorrow

Jennifer Gnana
Jennifer Gnana

July 04, 2021