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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.
Published July 18, 2021 Updated July 18, 2021 05:12pm
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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.