UAE Pumps Record 4.1 Million Barrels a Day in June as Iran War Disrupts Supply
Updated
Updated · Bloomberg · Jul 10
UAE Pumps Record 4.1 Million Barrels a Day in June as Iran War Disrupts Supply
1 articles · Updated · Bloomberg · Jul 10
Summary
4.1 million barrels a day — UAE crude output reached a record average in June, the IEA said, marking the clearest sign yet of Abu Dhabi’s aggressive supply response.
The increase came as the Iran war disrupted regional oil flows, with the UAE raising production more boldly than its Persian Gulf neighbors.
That June level topped the country’s previous 4 million-barrel-a-day peak set in 2020 during a brief price war with Saudi Arabia over OPEC+ policy.
The record also follows the UAE’s exit from OPEC, underscoring how Abu Dhabi is using greater freedom to lift output during a regional shock.