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UAE will not support the extension of the OPEC + deal


July, 05 2021
watermark Economic news

The UAE intends to abandon the plan to extend the oil production limitation agreement beyond April 2022, unless the country's reference base to reduce production is increased. The UAE is demanding an increase in the reference base for a reduction in production from 3.168 to 3.8 million b/d.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.