{"id":62895,"date":"2022-03-29T14:38:00","date_gmt":"2022-03-29T10:38:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62895"},"modified":"2022-03-29T15:16:08","modified_gmt":"2022-03-29T11:16:08","slug":"energy-ministers-the-uae-and-saudi-arabia-are-doing-their-part-to-stabilize-the-oil-markets","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/energy-ministers-the-uae-and-saudi-arabia-are-doing-their-part-to-stabilize-the-oil-markets\/03\/29\/market-updates\/","title":{"rendered":"Energy Ministers: The UAE and Saudi Arabia are doing their part to stabilize the oil markets"},"content":{"rendered":"\n<p>On Tuesday, the energy ministers of Saudi Arabia and the United Arab Emirates, two of the world&#8217;s largest energy producers, said that the two countries had done their part in balancing the oil market.<\/p>\n\n\n\n<p>&#8220;We have only one task: to stabilize the market. Therefore, we cannot politicize the organization or bring political issues \u2026 Our goal is to calm the market,&#8221; UAE Energy Minister Suhail Al Mazrouei said at an energy conference.<\/p>\n\n\n\n<p>The two Gulf states, which are allies of the United States, are members of the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ group that includes OPEC as well as other major producers such as Russia and Mexico.<\/p>\n\n\n\n<p>OPEC+ has come under increasing pressure to pump more crude since Russia, the largest producer in the OPEC+ group, invaded Ukraine on Feb. 28 and Western countries imposed sanctions in response that restricted Russia&#8217;s oil exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, the energy ministers of Saudi Arabia and the United Arab Emirates, two of the world&#8217;s largest energy producers, said that the two countries had done their part in balancing the oil market. &#8220;We have only one task: to stabilize the market. Therefore, we cannot politicize the organization or bring political issues \u2026 Our &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[6846,6876,6831],"class_list":["post-62895","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-oil","tag-opec","tag-uae"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62895"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62895\/revisions"}],"predecessor-version":[{"id":62896,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62895\/revisions\/62896"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30536"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}