UAE withdraws from OPEC, Oil price war, UAE financial surplus – by #RKB #AdvPradeepNambiar
Before withdrawing from OPEC+, the UAE was producing around 3.4 million barrels per day.🤯🤯🤯 After withdrawing, its production will increase to 4.8 million❗❗❗ Financial Breakeven Price: For the UAE: $45-$50For Saudi Arabia: $80-$96 If the UAE increases its production and the price of oil drops to $60: ✅Financial Surplus for the UAE ❌Significant Deficit for…

