UAE open to cooperation for oil market stability –Oil Minister

Dubai-Mubasher: The UAE's oil policy was open to cooperation with all producers to achieve the mutual interest of market stability, Oil Minister Suhail bin Mohammed Al Mazrouei said in a tweet on Tuesday.

The oil agreement reached in Doha will lead the oil prices to stabilise, Kuwait OPEC Governor Nawal al-Fuzaia told Mubasher.

OPEC oil production reached around 32 million barrels per day in January as many countries raised their output during the period as compared to last December.

Mubasher Contribution Time: 17-Feb-2016 08:11 (GMT)