UAE is fully committed to OPEC+ agreement, has no ‘prior stance’: state news agency

  • 11/25/2021
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The United Arab Emirates is fully committed to the OPEC+ agreement and has no “prior stance” ahead of an upcoming meeting on Dec. 2, state news agency WAM reported on Thursday, citing the energy ministry. Energy Minister Suhail Al-Mazrouei told reporters on Tuesday that he saw no logic in his country supplying more oil to global markets when all indicators pointed to a supply surplus in the first quarter of next year.

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