|
|
|
|
|
10.07.26 - 17:54
|
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels (ZeroHedge)
|
|
|
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
Confirming reports from earlier this week, the latest estimates from the International Energy Agency signaled that the United Arab Emirates (UAE), which unexpectedly quit OPEC earlier this year in a shock move that threatened the cohesion of OPEC, produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever.
The UAE's crude oil production jumped from 3.3 million bpd in May to 4.1 million bpd in June after the country left OPEC effective May 1, started raising output, and managed to sneak a lot of exports out of the Middle East even as the Strait of Hormuz was mostly blockaded for the first half of June.
The crude oil production in June, at 4.1 million bpd, was the highest ever on record for the UAE, nearly double the output in March 2026 at the start of the Hormuz crisis. The production level also topped the previous record of 4 million bpd from the spring of 2020 when the OPEC+ producers were fighting...
|
|
|
10.07.26 - 10:30
|
UAE′s Oil Output Hit Record High in June, IEA Says (Bloomberg)
|
|
|
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....
|
|
|
07.07.26 - 03:06
|
UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying (ZeroHedge)
|
|
|
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...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24.06.26 - 16:06
|
Oil math: OPEC′s global crude share could slip from 35% to 31% without UAE (Times of India)
|
|
|
The United Arab Emirates' exit from OPEC has significantly impacted the group's global crude oil output, reducing its share from 35% to 31%. This move, effective May 1, 2026, highlights the UAE's substantial role in the bloc. Meanwhile, regional disruptions due to the Strait of Hormuz closure are escalating, with Iraq, Saudi Arabia, and Kuwait facing major production shut-ins....
|
|
|
24.06.26 - 00:38
|
UAE Oil Exports Surge to 85% of Pre-War Levels, IEA Says (Bloomberg)
|
|
|
Oil exports from the United Arab Emirates in early June recovered to nearly 85% of the country's pre-Iran war levels — rebounding even before Washington and Tehran inked an interim peace deal as the Gulf nation drew on pipelines, storage and alternate shipping routes, according to a report from the International Energy Agency....
|
|
|
21.06.26 - 12:54
|
India ramps up Russian, UAE oil purchases as refiners hedge ahead of Hormuz reopening (Times of India)
|
|
|
India's crude oil imports from Russia surged in June, solidifying Moscow's position as the top supplier, while UAE shipments remained strong. This strategic diversification aims to secure energy supplies amidst ongoing uncertainties surrounding the Strait of Hormuz. Despite a gradual reopening of the strait, refiners are maintaining robust purchases from alternative sources, indicating a lasting shift in India's energy sourcing strategy....
|
|
|
|
|
|
|
|
|
|
|
|
|
|