UAE Minister of Energy: 2016 will be year of oil price correction | The National:
"The UAE’s minister of energy said on Monday that he expected an upward correction of oil prices next year.
“We are expecting an upward correction - 2016 will be a year of correction, to what level we will see,” Suhail Al Mazroui told reporters on the sidelines of an international business conference in Abu Dhabi.
He stressed that the UAE would not try to impose a correction on the market, but that market fundamentals - including a faster-than-expected recovery in demand - were indicating there would be one."
'via Blog this'
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