- UAE’s Energy Minister: We can balance supply and demand, not concerned very short term
Notícias do Mercado
9 maio 2023
UAE’s Energy Minister: We can balance supply and demand, not concerned very short term
UAE Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday, “We're not concerned about the very short term, we can balance supply and demand.”
Additional quotes
“We're more worried about investments long term.”
“That is why UAE is investing in increasing its capacity for the future.”
Market reaction
WTI seems to be weighed down by the latest comments from the UAE Energy Minister. The US oil is retreating from intraday highs of $73, trading modestly flat at $72.50, at the press time.
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