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10.07.26 - 10:30
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UAE′s Oil Output Hit Record High in June, IEA Says (Bloomberg)
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The United Arab Emirates boosted crude oil production to an all-time high last month, the most compelling evidence yet of how Abu Dhabi responded more boldly than any of its Persian Gulf neighbors to disruption caused by the Iran war....
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07.07.26 - 03:06
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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying (ZeroHedge)
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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025.
June's output was the highest since April 2020, according to Reuters estimates, exceeding levels seen before the Iran war and providing an early vindication of the UAE's decision to leave OPEC and OPEC+ on May 1 to free production from quota restrictions.
The UAE told OPEC it pumped 2.11 million bpd of crude in May at the height of the conflict shut-ins, down from about 3.40 million bpd in February. The International Energy Agency, however, assessed a much higher production level for both months, seeing May output at 2.8 million bp...
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01.07.26 - 13:24
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Iran resumes direct cargo shipments from UAE (IntelliNews)
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Direct cargo shipping between the UAE and Iran has resumed as trade links normalise after months of disruption, an Iranian official says. Find out how the restart through Jebel Ali could ease supply chain delays and why freight costs remain elevated....
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