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UAE's energy minister says it supports OPEC+ agreement

  • OPEC+ agreed on Sunday to further ease oil supply cuts from August and to extend an overall supply management pact until the end of 2022.
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By Reuters
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DUBAI: The United Arab Emirates' energy minister said on Sunday the Gulf state supports an agreement reached by the OPEC+ alliance.

"We support strongly the agreement reached," Minister Suhail al-Mazrouei, was quoted as saying by al-Sharq TV.

UAE rejects 'unfair' OPEC+ output deal

OPEC+ agreed on Sunday to further ease oil supply cuts from August and to extend an overall supply management pact until the end of 2022.

OPEC+ Oil giant

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