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Commodities Briefing - Categorized | Market Moves, Oil more

Gulf OPEC states will not act unilaterally to balance market-UAE oil minister

Posted on 13 December 2013

Gulf members of the Organization of the Petroleum Exporting Countries, or OPEC, will not act unilaterally in the future to balance the market, the United Arab Emirates’ energy minister said Thursday.
“As a group we are reacting to make sure that the market is well-supplied and we will continue this coordination to make sure that supply is there,” Suhail Mohamed Al Mazrouei said on the sidelines of an energy event in Dubai………………………………………..Full Article: Source


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