The Gulf producer remains committed to the OPEC+ alliance and only its energy ministry is responsible for oil policy, said the source, who spoke on condition of anonymity.
The United Arab Emirates will not act on its own to raise oil output, a UAE source familiar with the matter told Reuters on Thursday. The Gulf producer remains committed to the OPEC+ alliance and only its energy ministry is responsible for oil policy, said the source, who spoke on condition of anonymity.
The UAE’s ambassador to Washington, Yousuf Al Otaiba, had said in a statement the embassy posted on Twitter that Abu Dhabi favoured an increase in oil production and would encourage OPEC to consider higher output.
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