He said the UAE was doing its best to raise capacity to 5 million barrels per day but that did not mean it wanted to act on its own or leave OPEC+, a group that includes the Organization of the Petroleum Exporting Countries, Russia and others.
The oil market has been volatile, buffeted by Russia's invasion of Ukraine and the expansion of COVID-related lockdowns in China, the world's largest crude importer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: