NEW YORK (AP) — The price of oil has dipped below $45 a barrel following the latest sign from OPEC that the group doesn’t plan to cut production.

The comments from the energy minister for the United Arab Emirates, a member of OPEC, put more downward pressure on crude Tuesday. The comments reaffirmed the position of OPEC’s Arab Gulf members that lowering production would only erode their market share and benefit rivals, such as shale drillers in the U.S.

Last November OPEC decided to keep production levels steady. That decision came despite calls from some from within the 12-member bloc to curb output in an effort to boost prices.

The price of U.S. benchmark crude traded as low at $44.20 a barrel early, the lowest since April 2009. The price has dropped since last June, when it reached $107.