The UAE expects to produce more oil in October, November to meet its customers’ requirements after having increased production in the third quarter, energy minister Suhail al-Mazrouei said Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “In line with market requirements, the UAE began to increase its oil production in Q3 and expects to further increase its production levels in October and November 2018,” Mazrouei said in a tweet. “Our December production will be subject to customer demand,” Mazrouei said, adding that the UAE’s oil production capacity would be about 3.5 million b/d by the end of 2018. “The UAE remains committed to working with its OPEC and non-OPEC partners to ensure balance and stability in the market, in the interests of both producers and consumers,” he added. At 2:55 pm Singapore time (0655 GMT) Thursday, December ICE Brent crude futures were […]