The United Arab Emirates will work with OPEC+ to make sure the energy market is stable, UAE energy minister Suhail al-Mazrouei said on Monday at an industry event.
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.
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