The United Arab Emirates has signaled that the global oil market is hungry for more crude, calling for an increase in output from OPEC+ producers to meet rising demand and stabilize prices.
Speaking on the sidelines of an energy forum, UAE Energy Minister Suhail Al Mazrouei stated that recent market dynamics—including strong summer fuel consumption, tightening inventories, and resilient global economic activity—point to a clear need for additional supply from the oil-producing alliance.
“The market is showing clear signs of tightening,” Al Mazrouei said. “We believe there is room for more OPEC+ barrels, especially as global demand continues to surprise to the upside.”
The UAE’s remarks come as oil prices hover above $80 per barrel, and several countries, particularly in Asia, ramp up imports ahead of seasonal peaks. Analysts see the UAE’s positioning as a potential precursor to a policy shift within OPEC+, which has so far maintained cautious production strategies amid economic uncertainty and geopolitical volatility.
While some members remain hesitant to flood the market, the UAE’s call may gain traction if demand continues to strengthen and strategic reserves stay low. Any decision to adjust production will likely be closely watched by markets as the bloc seeks to balance price stability with supply security.
