OPEC Not Playing Political Game With Trump, US is Major Consumer: UAE Energy Min

Market news

9 January 2019

OPEC Not Playing Political Game With Trump, US is Major Consumer: UAE Energy Min

Says We Are Close to Five Year Average of Inventories
There Was Overproduction Due to Fear of Impact of Iranian Sanctions
Can't Afford Not to Have OPEC, if Some Leave, Others Join
Not Worried About Qatar's Exit from OPEC
Says Qatar Has No Significant Capacity

UAE Energy Min Says I'm Pessimistic About Outlook for 2019

German trade balance showed a surplus of 20.5 billion euros in November

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