Khaleej Times, Monday, Jun 05, 2023 | Thul-Qidah 16, 1444
UAE extends voluntary oil output cut till December 2024
Emirates:
The United Arab Emirates will extend its voluntary cut of 144 thousand barrels
per day until the end of December 2024.
This precautionary measure, in coordination with the countries participating in
the Opec+ agreement, which had previously announced voluntary cuts in April.
This voluntary cut will be from the required production level, as agreed upon at
the thirty-fifth ministerial meeting of Opec+ on June 4, 2023.