UAE Minister of Energy: We adhere to the OPEC agreement on oil production.
Al-Mazrouei tweeted that the UAE is committed to the OPEC agreement and its monthly mechanism to control production.
Earlier, the UAE ambassador to Washington, Yousef Al-Atiba, said that “we prefer to increase oil production in OPEC and we will soon encourage OPEC to increase production.”
The Wall Street Journal, meanwhile, quoted informed sources as saying that Abu Dhabi, under US pressure, had changed its stance on not increasing production.
The Wall Street Journal quoted OPEC sources as saying that the UAE’s shift in oil production volume was sudden and had not been discussed within OPEC.
A Saudi official told the Wall Street Journal that the UAE’s position on increasing oil production was not in line with ours and had not been reported to OPEC.
The UAE foreign minister also spoke by telephone with his US counterpart on Wednesday about bilateral relations and the Ukraine crisis.
A telephone conversation between the UAE and US foreign ministers came a day after the Wall Street Journal reported that “Saudi Crown Prince Mohammed bin Salman and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed refused to talk to US President Joe Biden.” has taken.
The American newspaper also reported that bin Salman and bin Zayed had talks with Russian President Vladimir Putin last week, as well as with Vladimir Zelinsky.
According to the publication, the UAE and Saudi Arabia have refused to increase oil production and are adhering to a plan approved by OPEC and a group of Russian-led producers.
