UAE Oil Production Surged to Records in September, IEA Says
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7 Articles
UAE Oil Production Surged to Records in September, IEA Says
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said, underscoring its resilience during the Iran war and liberation from OPEC+ limits.
The production of crude oil by OPEC increased during September, despite continuing tensions in the Middle East affecting navigation in the Strait of Hormuz, according to a survey by Reuters.
IEA Says UAE Oil Output Hits Record 5.3 MMbpd In September
Uche Cecil Izuora The International Energy Agency (IEA) has reported that oil output from the United Arab Emirates climbed to record levels last month, underscoring its resilience during the Iran war and liberation from OPEC+ limits. Abu Dhabi raised total oil production, including condensates, by 400,000 bpd to 5.3 MMbpd, the IEA said in a monthly [...]
They are boosting exports amid the conflict with Iran and after leaving OPEC.
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