UAE: Voluntary Oil Supply Cuts Enough to Balance Market

The transcript discusses the UAE's ambitious plan to triple its renewable energy capacity by 2030, focusing on solar and nuclear energy. It explores funding strategies, including public-private partnerships and potential green bonds. The discussion shifts to oil market dynamics, highlighting supply and demand challenges, data accuracy, and the role of OPEC. Concerns about investment in the oil sector, particularly in relation to Russia, Venezuela, and Iran, are addressed. The transcript concludes with a discussion on global oil demand growth, investment needs, and the impact of interest rates on investment risks.

What challenges does the UAE face regarding oil supply and demand?

What is the UAE's stance on joining unilateral cuts in oil exports?

How does the UAE plan to address the decline in oil reservoirs?

What are the potential risks associated with high interest rates on investments?