3 JULY 1989
UAE Cuts July Oil Production to 1.5mn b/d
The UAE plans to cut oil output in the month of July to around 1.51mn b/dfrom the 1.61mn b/d it has been producing during the second quarter of thisyear. A senior Abu Dhabi oil official told MEES last week: "Abu Dhabi willdefinitely decrease production in July. We have received specific governmentinstructions in this regard."
According to MEES soundings, the Abu Dhabi allowables planned for July totalaround 1.1mn b/d, as...