April 23, 2018
ABU DHABI (Reuters) – All OPEC and non-OPEC oil producers including Russia are committed to supply cuts until the end of the year, UAE Energy Minister Suhail Mohamed al-Mazrouei said on Monday.
“All in all, the fundamentals of the market, the supply and demand, the job is not complete. We need to continue until we see a true balanced market,” he said, speaking on the sidelines of the Middle East Petroleum and Gas Conference in Abu Dhabi.
Reporting by Rania El Gamal, Writing by Katie Paul; editing by Ghaida Ghantous