looking ahead
UAE’s exit from OPEC lets ADNOC follow more muscular sales path
The UAE supplied 32% of Middle Eastern oil shipments to Asia in June and 27% in July, compared with 20% during the same months of last year
Christian Bruna/Getty Images
OPEC headquarters in Vienna
Add The Circuit on GoogleThe UAE’s exit from OPEC in May has enabled state energy company ADNOC to pursue an aggressive strategy that has boosted oil sales and added new customers in Asia.
Freed from the OPEC production limits that had constrained...
