UAE to host key OPEC meeting

Friday, 12 July 2019 13:16

The UAE has been chosen to host a key OPEC meeting later this year.

The Joint Ministerial Monitoring Committee meeting will be held in Abu Dhabi in September.

It was announced on Thursday following the release of the 2020 oil market forecasts in OPEC’s July Monthly Oil Market Report.

According to the report, global economic growth is expected to remain steady at 3.2 percent in both 2019 and 2020.

The report added that the second half of 2019 expecting to see "seasonally strong demand" based on "the recent draws in US crude oil stocks."

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UAE reaffirms it took defensive actions to protect sovereignty, civilians
Strongly condemning Iran's "unprovoked" attacks on the UAE, the Ministry of Foreign Affairs stressed that all its actions were defensive, aimed at protecting its sovereignty and in line with the country’s legitimate right to safeguard its national security.
UAE refutes Iranian allegations at BRICS meeting
The UAE has strongly rejected Iranian allegations and threats targeting its sovereignty and national security, reaffirming its right to respond to any hostile actions in line with international law.
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UAE to host key OPEC meeting

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UAE to host key OPEC meeting

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