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Thursday, December 01, 2022

OPEC+: UAE pressing Saudi Arabia not to increase production cuts to improve U.S.-Saudi relations?note

The UAE is reportedly pressing for OPEC+ to implement a compromise solution at the December 4 OPEC+ ministerial meeting to ameliorate tensions between Saudi Arabia and the United States regarding the future of oil production policy.

Major discussions between OPEC+ members are being held prior to the OPEC+ 34th ministerial meeting to consider the critical decisions to be made on December 4.

Tactical Report has prepared a 332-word report to shed light on what role the UAE is playing in these discussions and the details of why they are pressing Saudi Arabia not to increase production cuts. 


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