The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen

  • Posted on November 4, 2024
  • By Yahoo News
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The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen

The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy output even as global prices have fallen and world politics remain uncertain ahead of the U.S. presidential election. The massive Abu Dhabi International Petroleum Exhibition and Conference comes after the UAE just last year hosted the United Nations COP28 climate talks. Meanwhile, UAE officials have made a point to dodge any questions about the U.S. election while maintaining their close ties to Russia despite Moscow's war on Ukraine.
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