UAE OilMin: cooperation between OPEC, allies to continue beyond 2018 - RTRS

Haresh Menghani FXStreet

The United Arab Emirates (UAE) Energy Minister Suhail Al Mazrouei is out on the wires, via Reuters, saying that cooperation between OPEC, allies to continue beyond 2018.

Key quotes:

• Future cooperation could help avoid oil glut, shortage
• Monitoring oil market beyond 2018 is minimum we can do
• Need approx $10 Tln of oil investment by 2040 to meet global demand

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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