A higher oil production quota will help to stimulate economic growth in the United Arab Emirates this year, according to a forecast by FocusEconomics cited by the Khaleej Times. Last year, the UAE produced less oil than it did in 2022, but for this year it negotiated a higher quota with its partners in OPEC+. For the duration of the year, the UAE can produce up to 3.219 million bpd of crude. if(window.innerWidthADVERTISEMENTfreestar.config.enabled_slots.push({ placementName: "oilprice_medrec_atf", slotId: "oilprice_medrec_atf" });';document.write(write_html);} Still, that would mean cutting production during the first quarter of…
