UAE Committed To Supplying Market With Crude Needs - Oil Minister
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UAE Committed To Supplying Market With Crude Needs – Oil Minister

UAE Committed To Supplying Market With Crude Needs – Oil Minister

Suhail bin Mohammed al-Mazroui also said that the country did not have a target for oil prices.

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The UAE oil minister said on Tuesday the Gulf Arab state was committed to supplying the market with its crude needs and that the OPEC member did not have a target for oil prices.

“We will not fall short from meeting this need and we will also not politicise this operation. It’s supply and demand,” Suhail bin Mohammed al-Mazroui told a conference in Abu Dhabi.

“Our target is not to put a price for oil but our aim is for the investments to continue. We don’t want to witness a crisis after years because we fell short of investments or the price was not suitable.”


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