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Friday, September 15, 2023

UAE-OPEC+: President Sheikh Mohammad’s response to Saudi oil cut requestsnote

Saudi Arabia and Russia announced on 5/9/2023 the extension of voluntary oil cuts until the end of the year.

The Kingdom sent the UAE several requests concerning oil production.

Tactical Report highlights the views of UAE President Sheikh Mohammad Bin Zayed (MBZ) regarding the recent oil cuts, including:

- The nature of Saudi oil production requests

- Abu Dhabi’s response

- The reason the UAE has been quiet regarding the oil cut decisions

- MBZ’s views on the reasons behind the Saudi oil cuts


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