UAE optimistic about oil prices in 2016

By: Ramy Sameh

Abu Dhabi-Mubasher: UAE Energy Minister Suhail Al Mazroui said his country hopes that oil prices will stabilise in 2016.

On the sidelines of the Partners Forum for 2015, Mazroui added it is unclear whether prices would be steady by early, mid or late next year; however, he expressed optimism generally about 2016.

Translated by: Julian Nabil

MUBASHER Contribution Time: 22-Dec-2015 10:09 (GMT)