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Home#opec

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UAE, Saudi to cut oil output by 1.1 mbpd in June

:ABU DHABI 12 May 2020: Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, announced that the UAE will voluntarily cut its oil output by 100,000 barrels per day in June in […]

Balanced oil market key for stability: Al Mazroeui

ABU DHABI 12 January 2020: The balance of the oil market and the security of supplies are key requirements for stability, said Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry. In […]

Market ripe for price corrections by Jan-end: Energy Minister

ABU DHABI 13 January 2019: Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, on Saturday said that the oil market will be ripe for more price corrections by the end of […]

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