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UAE output may fall 2.43m bpd
- United Arab Emirates: Saturday, November 15 - 2008 at 12:19
The UAE's oil output is expected to drop to 2.43m barrels per day (bpd) in November, Gulf News has cited a report from the nternational Energy Agency. The output reduction is seen in line with crude oil supply cuts that has been decided by Opec last month. According to the report, UAE's oil output has fallen to 2.55m bpd in October from 2.66m bpd in September due to offshore oilfield maintenance.
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Medilyn Manibo, Assistant News EditorSaturday, November 15 - 2008 at 12:19 UAE local time (GMT+4)
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