Oil price will recover, strategy is working, says UAE Minister of Energy | The National:
"The UAE’s energy minister on tuesday rejected a call for an emergency Opec meeting over the latest slump in oil prices, saying that the strategy of letting market forces deal with the world oil glut was working.
Nigeria’s oil minister, Emmanuel Ibe Kachikwu, who is current president of Opec, had said earlier on Tuesday that “a couple of countries” in the group had requested an emergency meeting for February or March, ahead of the regularly scheduled ministers meeting in June, to deal with the oil price crisis.
Asked about those comments, Suhail Al Mazrouei said he didn’t see any point to such a meeting."
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