Subject: Re: UAE out of OPEC
The interesting thing is, supposedly, the UAE has been barking that it's quota under OPEC has been too low. Normal export volume appears to be about 3Mbpd, but, right now, they can only export through a pipeline to the Gulf of Oman, which they can push about 1.8Mbpd through. So, enjoy your "freedom" guys. It won't do them any good, unless they plan on doing their own arty deal with Iran, for passage of their cargoes, which Trump the Pirate King would then want to interdict, because they did a deal with Iran.
Steve