Yes, they can get 1.5m bpd out through a pipeline at the port of Fujairah (on the East coast of UAE). https://en.wikipedia.org/wiki/Habshan-Fujairah_oil_pipeline Current UAE production is around 2m b… (View Post)

Watch for oil prices to start falling. UAE is about to start pumping like crazy to stop Iran and Russia from benefitting from the situation. (View Post)

The Russians appear more interested in apartment blocks and hospitals. (View Post)

What looks like a reasonable analysis of the UAE decision: https://x.com/knesix/status/2049125985644093671 Conclusion: The UAE is gambling that the era of cooperative hoarding is over. They are betti… (View Post)

Yes, but the UAE isn’t thinking about next week, they’re thinking about next year. They’re one of the countries most constrained by OPEC in terms of their actual vs potential supply. (View Post)