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]