“The UAE believes in the value that the OPEC + group provides to the oil markets,” the minister added on his Twitter account.
The Emirati ambassador to Washington, Yousef Al-Otaiba, had confirmed that the UAE is a reliable and responsible supplier of energy to global markets for more than 5 decades, pointing to the importance of stability in energy markets for the global economy..
And in a statement published by Emirati Embassy in Washington On her Twitter account, Al Otaiba said: “The UAE has been a reliable and responsible energy supplier to global markets for more than 50 years and believes that stability in energy markets is critical to the global economy..”
The statement added: “We prefer to increase production and will encourage OPEC On considering higher production levels“.
Recall that the agreement on increase production Or reduce it through the OPEC + group, which meets monthly to take decisions.