UAE Energy Min Mazroui: OPEC+ is very close to deal on extension

Ross J Burland FXStreet

UAE energy min Mazrouei is crossing the wires and has said that OPEC+ is very close to deal on an extension.

Key comments:

Not a challenge to reach an agreement.
Meeting is happening at end of June or July .
US output not a threat, pace of growth is issue.
we need all to replace barrels at reasonable pace.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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