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UAE will back OPEC+ decisions, wants more stable oil market

July 15, 20226:15 AM Reuters0 Comments

OPEC headquarters in Vienna, Austria
OPEC headquarters in Vienna, Austria

The United Arab Emirates wants a more stable oil market and will abide by decisions made by OPEC+, the diplomatic adviser to UAE president Sheikh Mohammed bin Zayed al-Nahyan said on Friday.

Speaking to reporters, Anwar Gargash said Abu Dhabi would back any accord between Saudi Arabia and the United Sates if a deal is agreed during President Joe Biden’s visit to the kingdom this week.

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