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UAE/Saudi Arabia/OPEC – Explainer: UAE and Saudi Arabia’s spat over OPEC oil production (Al Jazeera)

In a rare public spat between the Gulf state allies, the United Arab Emirates and Saudi Arabia have found themselves at loggerheads over an OPEC plan that seeks to extend a cap on oil production.

Saudi Arabia has led a push in OPEC to extend oil production curbs to the end of 2022, but the UAE pushed back on Sunday, saying a cut in output beyond the initial deadline of April 2022 would be “unfair to the UAE”.

Explainer: UAE and Saudi Arabia’s spat over OPEC oil production | Oil and Gas News | Al Jazeera

The UAE wants to increase its crude oil output, believing the market to be 'in dire need of higher production' [File: Ali Haider/EPA]

The UAE wants to increase its crude oil output, believing the market to be ‘in dire need of higher production’ [File: Ali Haider/EPA]