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UAE: OPEC+ doing 'noble' job of balancing oil market...
02 Oct, 2024 09:15 193 min read
UAE Energy Minister Suhail al-Mazrouei praised OPEC+ for its efforts in balancing the oil market, emphasizing the group's cohesion despite producing less than half of global oil. He highlighted the importance of OPEC+ in avoiding market chaos and noted the influence of geopolitics on future oil outlooks. OPEC+ has been strategically cutting output since 2022 to ensure sustainable prices and investments.... More