UAE Reduces Oil Production by 3.1% under OPEC Deal

core March 3, 2019 Oil Leave a comment 11 Views

As part of the OPEC transaction. the UAE reduced daily oil production to 3.05 million barrels last month. MK reported referring to Bloomberg.

According to the December deals between the Organization of the Petroleum Exporting Countries and the ten acceding countries. the Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day. the source noted.

 

Tags

About core

Check Also

India Signals a 50% Cut in Russian Oil Imports under U.S. Sanctions Pressure

India could reduce its imports of Russian crude oil by 50%, a former foreign minister …

Leave a Reply

Your email address will not be published. Required fields are marked *

Design & Developed by: Arya Media Group
© 2020 | All Rights Reserved by ARYA MEDIA GROUP.