UAE minister pledges commitment to oil production ceiling through end of pact

UAE minister pledges commitment to oil production ceiling through end of pact

The United Arab Emirates' oil production is near to maximum capacity based on its current OPEC+ production baseline, which is 3.168 million barrels per day, Energy Minister Suhail al-Mazrouei told state news agency WAM on Monday.

"In light of recent media reports, I would like to clarify that the UAE is producing near to our maximum production capacity based on its current OPEC+ production baseline (3.168 mbopd) which UAE is committed by until the end of the agreement," he said.

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