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Minister of Energy UAE: 2018 year global oil prices
2017/10/08 11:50
(Encyclopedia of this day for news"I am very optimistic, and 2018 will be the year of détente," explained Al Mazrouei in comments quoted by the UAE daily Al-Khaleej. "The OPEC meeting," he said, In November, members of OPEC and independent producers will start cutting production by 1.8 million barrels per day (bpd) for six months and extended in May. Last May 9 months ending in March 2018, in an attempt to stabilize the oil markets Al-Mazroui: "The majority are talking about the need to extend production cuts as prices improve." Members and producers outside the organization are considering extending the post-March 2018 reduction.
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