Categories: News

UAE supports Saudi comments on possible oil output cuts, source says

The United Arab Emirates is aligned with Saudi Arabia’s thinking on crude oil markets and supportive of its recent comments, a source with knowledge of the matter told Reuters on Friday.

OPEC’s de facto leader Saudi Arabia on Monday flagged the possibility of introducing production cuts to balance an oil market it described as schizophrenic.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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