UAE Energy Minister on Rejecting OPEC+ Members Production Plan

The transcript discusses the UAE's position on a proposed production agreement by the GMC, highlighting the need for fair treatment and a delay in decision-making to allow the UAE to present its case. The UAE emphasizes the importance of increasing production to meet market demands, especially during the pandemic, and seeks a fair baseline adjustment. The potential for $100 oil is mentioned, but the focus remains on reaching a consensus to increase production by August.

What does the UAE believe is necessary for a fair treatment in the production agreement?

What is the UAE's position regarding the potential of $100 oil this year?