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opec: Why OPEC+ members find it hard to agree oil production quotas

The June changes allowed the United Arab Emirates to add 200,000 barrels per day (bpd) to a new target of 3.219 million bpd for 2024. The country plans to raise its oil production capacity to 5 million bpd in 2027 from about 4 million currently and has repeatedly complained it wasnt able to fully utilise its capacity while other members underproduced.
United Arab Emirates Helima Croft Wood Mackenzie Rystad Energy Rbc Capital Markets Vladimir Soldatkin

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