UK’s Johnson to meet UAE, Saudi leaders in push for more oil

  • Date: 15-Mar-2022
  • Source: Al Arabiya
  • Sector:Economy
  • Country:UAE
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UK’s Johnson to meet UAE, Saudi leaders in push for more oil

UK Prime Minister Boris Johnson is expected to travel to the United Arab Emirates and Saudi Arabia this week, according to people familiar with the matter, as pressure mounts on the OPEC members to raise oil output.

The visit comes as Russia’s invasion of Ukraine roils energy markets, driving crude prices close to $100 a barrel.

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Johnson is tentatively scheduled to meet the de facto ruler of the UAE, Mohammed bin Zayed, and energy officials in Abu Dhabi on Wednesday. He is meant to travel to Riyadh later the same day and meet Saudi Crown Prince Mohammed bin Salman, two of the people said, declining to be named as the information is not public.

The prime minister’s possible trip to Saudi Arabia was reported earlier by UK media. Downing Street declined to comment to Bloomberg. Johnson’s plans may still change, some of the people said.

Resisting Washington

Saudi Arabia and the UAE pump more than 13 million barrels a day of oil between them and are among the few producers with significant spare capacity. They are key members of the Organization of Petroleum Exporting Countries. The cartel is in an alliance with