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energyLOWAE2026-05-03 12:13 UTC

OPEC+ increases production quotas without mentioning UAE withdrawal

OPEC+ increases production quotas without mentioning UAE withdrawal

Seven OPEC+ countries including Russia and Saudia Arabia have increased their oil production quotas, according to a statement published on the organisation website on Sunday. Oil market analysts say the decision is aimed at projecting stability following the departure of the United Arab Emirates.

ORIGINAL SOURCE →via France 24
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