Energy · 41 views
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
The United Arab Emirates (UAE) produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever, according to estimates by the International Energy Agency.
AI Summary
The United Arab Emirates produced 4.1 million barrels per day of crude oil in June, its highest output ever, according to International Energy Agency estimates. Production rose from 3.3 million barrels per day in May to 4.1 million barrels per day in June after the UAE left OPEC on May 1 and began increasing output. The country also managed to export a significant amount of oil from the Middle East even while the Strait of Hormuz was largely blockaded during the first half of June.
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