UAE energy minister: OPEC+ faces oil market volatility in both supply and demand

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

OPEC+ is facing 'volatile prospects' in oil markets both in supply and demand, UAE energy minister Suhail al-Mazrouei told Asharq TV on Saturday.

United Arab Emirates Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei speaks to reporters at the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi, United Arab Emirates, October 31, 2022. REUTERS/Amr Alfiky

He said this was due to European sanctions on Russian crude taking effect in addition to China lifting its "zero-COVID" policy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UAE Sparks Backlash After Appointing Oil Company Chief to Lead UN Climate TalksThe United Arab Emirates on Thursday named the CEO of a state-run oil company who also oversees renewable energy projects to be the president of the upcoming United Nations climate negotiations in Dubai, drawing criticism from activists and highlighting the balancing act ahead for this crude-producing nation.
Source: nbcbayarea - 🏆 596. / 51 Read more »

UAE appoints oil company boss as president of the COP28 climate conference, alarming climate groups | CNNThe United Arab Emirates has appointed the head of one of the world's largest oil producers to preside over the UN COP28 summit, in a move activists warned could thwart key negotiations between world leaders at this year's global climate conference. Lol Alright... Or, put them front and center as they all try to address the issue.
Source: cnni - 🏆 326. / 59 Read more »