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Alexander Novak

Alexander Novak

Russian deputy prime minister

Appears in 1 story

Stories

OPEC+ sets oil policy without the UAE for the first time

Built World

Co-leads OPEC+ as head of the non-OPEC bloc

For decades, every OPEC+ output decision had the United Arab Emirates in the room, usually pushing to pump more. On Sunday, ministers met in Vienna without it for the first time. The UAE's exit took effect May 1 and pulled about 3.5 million barrels a day out of the group's quota math.

Updated 3 hours ago