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Sunday, 28 August 2016

OPEC's market share at a good level, says UAE energy minister | Reuters

OPEC's market share at a good level, says UAE energy minister | Reuters:

"OPEC's share of the oil market is at a good level, United Arab Emirates energy minister Suhail bin Mohammed al-Mazroui said as the producer group continues to contend with low crude prices.

"Regardless of the different views on the oil market, we see that the OPEC current market share is at a good level," Mazroui said on his official Twitter account on Saturday.

Mazroui also said he believed that any future decision on oil production would require full participation from all members of the Organization of the Petroleum Exporting Countries plus other major producers."



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