UAE Energy Minister says situation is not encouraging when it comes to the amounts of crude OPEC+ can bring to the market
- Notes conformity with the OPEC+ deal is more than 200%.
- Says there are risks when China is back.
- Says UAE is in talks with Germany and other nations to see if they are interested in UAE natgas.
Reaction details (10:58)
- The crude complex rose around USD 0.70/bbl in both the WTI and Brent front-month futures following the downbeat commentary on spare capacity.
08 Jun 2022 - 10:41- EnergyImportant- Source: Newswires
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