UAE-OPEC+: MBZ looking to benefit from Saudi oil expansion halt

5 March 2024

IntelligenceNote

Summary

UAE President Sheikh Mohammad Bin Zayed (MBZ) believes that Abu Dhabi can benefit from a recent

decision taken by Saudi Arabia to halt its oil expansion plans.

The following note highlights:

MBZ's views on the Saudi decision
Abu Dhabi’s plans to benefit from it
MBZ's views on the recent OPEC+ decision

The note also sheds light on the UAE's position with regards to the Saudi recent OPEC+ decision.

Note
OPEC+ members at odds after last meeting
KSA · 7 December 2023
Subscriber access
Note
Saudi Arabia-OPEC+: MBS displeased with cartel members
KSA · 16 February 2024
Subscriber access
Note
UAE: MBZ’s position on recent and upcoming OPEC+ decisions
KSA · 17 November 2023
Subscriber access
Note
UAE: President Sheikh Mohammad looking to leave OPEC+?
UAE · 9 November 2022
Subscriber access
Note
OPEC+: UAE pressing Saudi Arabia not to increase production cuts to improve U.S.-Saudi relations?
KSA · 1 December 2022
Subscriber access

Latest weekly issues

Related coverage