UAE says OPEC exit 'not directed against anyone'

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The UAE has long been frustrated with OPEC's quotas, which sought to cap Emirati production at 3.4 million barrels a day. ABU DHABI: The UAE's departure from OPEC , dominated by ally-turned-rival Saudi Arabia, was not targeted at anyone but is part of a broader plan to future-proof its economy, the country's oil chief said Monday (May 4). The move was part of the long-term project to diversify beyond fossil fuels, said Sultan Al Jaber, CEO of state oil giant ADNOC and the UAE's industry and

UAE says OPEC exit 'not directed against anyone' https://www.channelnewsasia.com/ - 13:47
UAE says OPEC exit 'not directed against anyone' https://www.channelnewsasia.com - 12:30

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UAE says OPEC exit 'not directed against anyone' https://www.channelnewsasia.com/ - 13:47

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UAE says OPEC exit 'not directed against anyone' https://www.channelnewsasia.com - 12:30