Breaking News :

The UAE Warns U.S. Shale Companies Against Pumping More Oil

Jan.13 — Any attempt by U.S. shale and other oil producers to boost output this year will probably backfire and lead to lower prices, according to the energy minister of the United Arab Emirates. With demand still fragile, they “are wise not to jump the gun and overproduce during the recovery year” Energy Minister Suhail Al Mazrouei said speaking exclusively to Bloomberg’s Manus Cranny at the forum for Gulf Intelligence.


Bloomberg Markets and Finance

The latest financial news and market analysis, direct from Bloomberg TV.

Read Previous

Couche-Tard in Talks to Buy Carrefour

Read Next

Just Eat Takeaway Never Been as Strong as it Is Today: CEO

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular