Arab reduce oil production by 200,000 barrels per day

Suhail Al Mazrouei, Minister of Energy of the United Arab Emirates, said that due to the completion of maintenance work, the country has reduced its oil production by nearly 200,000 barrels a day this month of March, adding that the court should continue for the next two months .

The reduction assists in the agreement proposed by OPEC members that are cutting production to the rise of commodity prices. The goal is to reduce global production by almost 1.8 million barrels per day.

Be sure to follow the Panorama Offshore and stay updated on all information relating to the oil market, gas, energy, pre-salt, fuel, gasoline, Petrobras, onshore and offshore. Remember, your business goes through here. Check out:


8 thoughts on “Arab reduce oil production by 200,000 barrels per day

Leave a Reply