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UAE Pumps 3.8 Million Bpd, Defying OPEC+ Quotas | OilPrice.com
UAE crude output surged to near-record highs in June after quitting OPEC, as discounted ADNOC barrels drew Chinese and U.S. buyers.
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cryptobriefing.com
OPEC+ raises output quotas for fourth straight month, fueling concerns of oil market glut
OPEC+ raised oil quotas by 188,000 bpd for the fourth straight month, but shipping blockades and the UAE's exit limit real supply impact on markets.
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OPEC+ to boost oil output by 188,000 barrels per day in August
OPEC+ will boost oil output by 188,000 barrels per day in August. Crude oil reaching a new all-time high by September 30 at 2.6% YES.
