- UAE energy minister says on twitter ahead of OPEC meeting, "We are optimistic about the statements & the meetings held between the Saudi-Russian sides"
Market news
23 May 2017
UAE energy minister says on twitter ahead of OPEC meeting, "We are optimistic about the statements & the meetings held between the Saudi-Russian sides"
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Says previous extension has helped balancing oil market & maintained average prices despite increase in shale oil production
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In event of consensus on extension of agreement, we emphasize our optimism about market recovery in h2
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Supports extension of agreement for another term and will support what helps market recovery at meeting
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