UAE says agreement with OPEC+ on oil supply deal not yet reached | Reuters
The United Arab Emirates' energy minister said in a statement on Wednesday that an agreement had not been reached yet with OPEC+ regarding its position on an extension of an oil supply deal.
"Deliberations and consultations between concerned parties are ongoing," the statement said.
Earlier on Wednesday, Reuters reported that the UAE and Saudi Arabia reached an compromise giving Abu Dhabi a new production baseline to allow the extension of the supply agreement until the end of 2022. read more
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