Strait Obstruction Increases Global Oil Market Volatility
The United Arab Emirates has limited its crude oil production to approximately 70 million won, according to YTN Radio. The United Arab Emirates is actively constructing pipelines to bypass the Strait of Hormuz to mitigate geopolitical risks. The UAE is acting in a manner consistent with its own interests regarding OPEC and oil production. The UAE aims to immediately release full production capacity to compensate for economic losses caused by the blockade of the Strait of Hormuz. As an OPEC member, the UAE holds differing positions from Saudi Arabia regarding OPEC and OPEC+ management. The UAE argues that current quota-based management restricts its national infrastructure development and production expansion. The source notes that losing the UAE would be a impact for OPEC and OPEC+ groups.
Topics
Developing
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Sources · 7 independent
“회원국으로 오펙 전체 원유 생산량의 약 7000만 원을 제한했습니다. ... 이란 전쟁에서 사우디의 소극적인 지원에 감정해상한 UAE가 막대한 원유 매장량을 빠르게 현금화해 미래 산업에 투자하기 위한 결단으로 해석됩니다.”
“이번 결정은 이란 전쟁에서 사우디의 소극적인 지원에 감정해상한 UAE가 막대한 원유 매장량을 빠르게 현금화해 미래 산업에 투자하기 위한 결단으로 해석됩니다.”
“حدف منصورت گرفت بارات میخواد از یک کرف آزادی عمان داشته باشه... اما چراس 30 مليون باشکه تولید نفت داره”
“it can produce 4.85 million barrels a day, but under OPEC requirements, it could only produce 3.2 to 3.4 million barrels a day.”
“vor dem Iran Krieg waren so dreieinhalb Millionen Beryl pro Tag. Jetzt will man im ersten Schritt dann erst mal rauf auf fünf Millionen Beryl pro Tag.”
“Özellikle Birleşik Arab Emirlikleri Yürümüzün kapalı olduğu ve petrol arzını kıstığı bir dönemde... önümüzdeki dönemlerde yani dört altı ay içerisinde üç beş dolarlık bir aşağı yönünü baskı oluşturacağını düşünüyorum.”
“Thanks so very much for helping us understand UAE's big move to leave OPEC.”
“Это суверенное решение объединенных арабских иммиратов, мы с уважением к этому относимся. Мы приветствуем заявление... о том, что иммираты продолжат ответственную оппозицию на энергетических рынках”
“Piskin also reported that Abu Dhabi did not warn in advance of Moscow's decision to leave OPEC and OPEC+. We, of course, count on the continuation of very productive, constructive and effective contacts with the United Arab Emirates.”
“том, что иммираты продолжат ответственную оппозицию на энергетических рынках и координацию на...”
“الشرق في الغرب في أوروبا وأمريكا لذلك هي تحتاج إلى زيادة انتاج نحن نعلم هناك خطة سراتيجية للطاقة في دولة الامرات بزيادة الانتاج و أيضاً وجنبها زيادة الطاقة للبتر كيمياوى من 20 مليون طن سنويا إلى 60 مليون طن سنويا”
“事實上 阿聯酋多年來一直積極建設 繞過霍爾姆茲海峽的管道 以其更好應對地緣風險... 具備增產能力的阿聯酋 當下想要邁出更多石油變現 落袋為安”
“阿聯酋多年來一直積極建設 繞過霍爾姆茲海峽的管道 以其更好應對地緣風險... 具備增產能力的阿聯酋 當下想要邁出更多石油變現”
“الأوبك واتصرف بالطريقة التي تراها الإمارات تتماشى مع مصالحة هذا هو الهدف”
“阿聯酋多年來一直積極建設 繞過霍爾姆茲海峽的管道 以其更好應對地緣風險... 豪爾赫利昂觀察 具備增產能力的阿聯酋 當下想要邁出更多石油變現”
“一旦霍爾木茲海峽恢復通航 阿聯聯希望立刻釋放全部產能 大幅增產 彌補近期出口受阻帶來的經濟損失”
“As an OPEC member, the UAE's position on OPEC and OPEC+ differs from Saudi Arabia, particularly regarding the view that quota-based management restricts its own infrastructure construction and production expansion.”
“因此具備增產能力的產油國 都會抓緊時間開採變現資源 阿聯聯酋正是其中之一... 特別是認為歐佩克基於配額的管理方式 制約了本國基礎設施建設和生產擴張”
“因此具備增產能力的產油國 都會抓緊時間開採變現資源 阿聯酋正是其中之一... 特別是認為歐佩克基於配額的管理方式 制約了本國基礎設施建設和生產擴張”
“當前霍爾木茲海峽受阻導致油價高位運行 阿聯酋退出雖利好資深增產 但破壞海幫國家政策的統一性”
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