June 2nd, 2004 - 02:00 GMT UAE to increase oil production over OPEC quota in June The United Arab Emirates will increase oil production this month by 400,000 barrels per day (bpd) over its OPEC quota to help ease record prices, Oil Minister Obeid bin Saif al-Nassiri said. Read more
January 15th, 2001 - 02:00 GMT Gulf states and US agree on oil market stability but differ on output cut
