Arabs will keep oil cuts

The Energy Minister of the United Arab Emirates stated that the country will maintain the reduction of oil production to fulfill your commitment to the global agreement to increase the supply of the commodity. The Emirates undertake to reduce 139,000 barrels of oil per day.

The Emirates are aligned with the OPEC strategies and partner countries such as Russia, with the aim of reducing world production at about 1.8 million barrels per day until March 2018. OPEC will examine the continuity of this policy at a meeting on November 30.

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