Al Mazrouei: The UAE is committed to the OPEC + agreement and its monthly production adjustment mechanism

Minister of Energy and Infrastructure Suhail Al Mazrouei said that the UAE is committed to the “OPEC +” agreement, and its current monthly production adjustment mechanism.

And the minister added, in his tweet to him on his official account via Twitter, that "the UAE believes in the value that the "OPEC +" group provides to the oil markets." 

This comes at a time when oil prices have witnessed successive rises since the start of the Russian war on Ukraine, where the Brent price yesterday touched $130 a barrel, amid American and Western aspirations towards the Gulf states, hoping to increase their oil production to control prices in light of the imposition of sanctions on Russia.

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