Macron tells Biden that UAE, Saudi can barely raise oil output – Reuters.com
Macron tells Biden that UAE, Saudi can barely raise oil output – Reuters.com
LONDON, June 27 (Reuters) - French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan(MbZ), told him two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.
"I had a call with MbZ," Macron was heard telling U.S. President Joe Biden on the sidelines of the G7 summit.
"He told me two things. I'm at a maximum, maximum (production capacity). This is what he claims. And then he said Saudis can increase by 150 (thousands barrels per day). Maybe a little bit more but they don't have huge capacities," Macron said.
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