Gap between oil supply and demand shrank – Al Mazroui

By: Rami Samih

Abu Dhabi – Mubasher: UAE Energy Minister, Suhail bin Mohammed Faraj Al Mazroui, said Wednesday that the gap between supply and demand in the oil market has shrunk.

“The CEOs of major international oil companies have agreed to reduce the gap between oil supply and demand,” Al Mazroui added on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

The minister also stressed the need to continue to invest in the oil sector.

Translated by: Elwy el-Manzalawy

MUBASHER Contribution Time: 09-Nov-2016 07:51 (GMT)
MUBASHER Last Update Time: 09-Nov-2016 09:29 (GMT)