Written By WION Video Team
Published: May 03, 2024, 04:55 IST | Updated: May 03, 2024, 04:55 IST
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World Business Watch May 03, 2024, 04:55 IST
UAE boosts oil production capacity ahead of OPEC+ meeting
The United Arab Emirates' state-owned oil giant, ADNOC, has announced an increase in its production capacity to 4.85 million barrels per day. This comes just a month before a crucial OPEC meeting in June, where member nations will decide on production levels for the second half of 2024.
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