Russia Dismisses Price War Fears Following UAE Departure From OPEC+
OilPrice.com1 min read
Read Full Article at OilPrice.com →Ad Slot — In-Article (728x90)
Russia will remain in the OPEC+ group alongside the remaining OPEC members and doesn’t expect a price war following the abrupt exit of the United Arab Emirates, Russia’s Deputy Prime Minister Alexander Novak said on Thursday.
In a surprise announcement earlier this week, the United Arab Emirates (UAE) said it is quitting OPEC and the wider OPEC+ alliance effective May 1, to pursue its national interests.
This is a summary. For the full story, read the original article at OilPrice.com.
Original source: OilPrice.com