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    UAE to Cut Oil Production by 200,000-280,000 BPD in March, April

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    UAE’s Energy minister Suhail bin Mohammed al-Mazroui says that the country plans to cut its oil output by 200,000 - 280,000 barrels per day over the months of March and April.

    WASHINGTON (Sputnik) — The United Arab Emirates plans to cut its oil output by 200,000 — 280,000 barrels per day over the months of March and April which will exceed 100 percent compliance by the country to the OPEC-Non-OPEC agreement, UAE’s Energy minister Suhail bin Mohammed al-Mazroui told Sputnik on Wednesday.

    "We have maintenance this month and in April. The expectation is that we will be more than 100 percent compliant with the level of cut," Mazroui said. "It will range between 200,000-280,000. That's the range."

    Related:

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    Fall of Oil Prices on International Market Will End Soon - UAE Energy Minister
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