UAE is a committed member of OPEC: energy minister

FILE PHOTO: United Arab Emirates' Oil Minister Suhail Mohamed Al Mazrouei speaks during the International Carbon Capture, Utilization and Storage Conference 2020 in Riyadh, Saudi Arabia February 25, 2020. REUTERS/Ahmed Yosri

DUBAI (Reuters) - UAE Energy Minister Suhail al-Mazrouei said on Thursday that his country has always been a committed member of OPEC and that it has demonstrated this commitment through its compliance to the current OPEC+ oil supply reduction agreement.

“As a reliable and longstanding member of OPEC, we have always been open and transparent in all our decisions and strategies in support of OPEC,” Mazrouei said in a statement to Reuters.

The minister’s comments were in response to media reports that the UAE has been questioning the benefits of being in OPEC and even considering whether to leave the oil producing group.

Reporting by Rania El Gamal; editing by Jason Neely