UAE committed to OPEC+ pact

WAM

The UAE has reiterated its commitment to the OPEC+ agreement and its current mechanism for adjusting monthly production.

Minister of Energy and Infrastructure, Suhail Al Mazrouei told news agency WAM that the UAE believes in the value the OPEC+ pact brings to the world oil market.

He also added that it has not agreed to raise output individually outside the OPEC+ framework.

The Vienna-based OPEC had earlier praised the UAE's efforts to maintain consensus among the group's members on all issues related to the global oil market as well as the support it provides that takes into account the interests of producers and consumers alike.

More from Business

Recently Played

Latest Blogs

  • PINOY BULLETIN: JUNE 02 - 06, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

  • PINOY BULLETIN: MAY 26 - 30, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.