UAE Energy Minister: Market needs a decrease in oil output
|The UAE's Minister of Energy Suhail Al Mazrouei was out with his comments in the last hour, saying that the objective of OPEC+ is to balance the oil market.
Key quotes:
• Important that everyone is on board on any OPEC+ deal.
• There is a requirement for an adjustment in oil production.
• The market needs a decrease in oil output.
• Qatar’s production is not significant to OPEC.
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