April 12, 2020 / 7:26 PM / 3 months ago

UAE committed to reducing oil production from its current 4.1 million bpd: Energy minister

FILE PHOTO: United Arab Emirates' Oil Minister Suhail Mohamed Al Mazrouei speaks during the International Carbon Capture, Utilization and Storage Conference 2020 in Riyadh, Saudi Arabia February 25, 2020. REUTERS/Ahmed Yosri

CAIRO (Reuters) - The United Arab Emirates is committed to reducing oil production from its current level of 4.1 million barrels per day (MBOPD), energy minister Suhail Al Mazrouei said in a tweet on Sunday.

“In line with the OPEC+ agreement, the UAE is committed to reducing production from its current production level of 4.1 mbopd,” Al Mazrouei tweeted.

OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic.

Reporting by Samar Hassan; Editing by Alex Richardson

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