The UAE announces the extension of its voluntary reduction in oil production by 144,000 barrels per day until the end of 2024

Vienna, June 4 / The United Arab Emirates announced the extension of its voluntary reduction in oil production of 144,000 barrels per day until the end of December 2024 as a precautionary measure, in coordination with the countries participating in the (OPEC Plus) agreement that had previously announced voluntary cuts in April.
This voluntary reduction will be from the required production level, as agreed upon at the thirty-fifth ministerial meeting of OPEC Plus today, corresponding to June 4, 2023.