UAE ready to raise oil supply by 1 mn barrels per day
MG News | March 11, 2020 at 03:56 PM GMT+05:00
0:00
March 11, 2020: The United Arab Emirates' national oil company said on Wednesday it was ready to boost its oil supplies by around one million barrels per day amid a price war.
"In line with our production capacity growth strategy ... we are in a position to supply the market with over four million barrels per day in April," Abu Dhabi National Oil Co. said in a statement.
"In addition, we will accelerate our planned five million bpd (output) capacity target," ADNOC said
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