Oil continues to face a blockade The UAE’s decision to withdraw from OPEC and OPEC+ came as a surprise but did not send shockwaves through the oil market.
Oil continues to face a blockade The UAE’s decision to withdraw from OPEC and OPEC+ came as a surprise but did not send shockwaves through the oil market. This move could undermine the cartel’s position and increase the UAE’s production capacity from its current quota of 3.4 million bpd to a technically feasible 4.8 million…
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