El Kremlin: Rusia no tiene intención de seguir los pasos de los Emiratos Árabes Unidos, pero sigue planeando permanecer en la OPEP+

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Golden Finance report, April 29th, the Kremlin stated on Wednesday that despite the UAE’s announcement to withdraw, Russia still plans to stay in OPEC+ and hopes the group continues to operate.
The UAE announced its withdrawal from OPEC and OPEC+ on Tuesday, coinciding with the energy crisis triggered by the Iran war exposing divisions within Gulf countries.
Kremlin spokesman Peskov said OPEC+ is an important organization that helps reduce volatility in the energy market and stabilize the market. Russia respects the UAE’s decision and hopes energy dialogue will continue. Russia joined OPEC+ in 2016, and the group accounted for nearly 50% of global oil production last year. The UAE is the fourth-largest oil producer in OPEC+, and Russia is the second-largest oil producer after Saudi Arabia.(Jin10)

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