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UAE Cuts Flagship Oil Price as Mideast Supply Jump Stirs Rivalry

Yongchang Chin, Shariq Khan and Grant Smith·Bloomberg·November 10, 2026

The United Arab Emirates slashed the price premium for December supplies of its flagship oil grade shortly after cuts made by neighboring Saudi Arabia, as rebounding Middle East supplies stir competition for market share.

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UAE Cuts Flagship Oil Price as Mideast Supply Jump Stirs Rivalry — TopNewsOn