OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »S.Arabia. UAE Unable to Increase Oil Production
Enemies are waging a psychological war against Iran.
Read More »Oil Market will Balance by Year-End
The UAE can raise production to 3.5 million barrels per day. only if needed.
Read More »UAE Expects 70 Energy Ministers to Attend Abu Dhabi World Energy Congress
18 ministers had already confirmed they would attend the event.
Read More »UAE in Compliance with OPEC and Non-OPEC Output Curbs
The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.
Read More »Iran will never Give Up Its Historical Rights over Trio Islands in Persian Gulf
The statement presented by the UAE in OIC’s final day is completely invalid.
Read More »UAE Reduces Oil Production by 3.1% under OPEC Deal
The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.
Read More »UAE Minister Named ‘Oil Diplomacy Person of the Year’
This prestigious accolade was awarded last year to Khali Al-Falih.
Read More »Saudi Arabia in Talks with the UAE. Oman for Natural Gas Pipeline
This network is a part of greater connectivity between regional economies.
Read More »UAE Energy Minister Optimistic about Energy Market Balance
UAE remains optimistic about achieving a market balance during the first quarter of 2019.
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