BREAKING NEWS

BREAKING NEWS

UAE energy minister expects average oil price of $70 a barrel in 2019

UAE energy minister expects average oil price of $70 a barrel in 2019
@ Copyright :
Heinz-Peter Bader(Reuters)
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ABU DHABI (Reuters) - United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday he expects an average oil price of $70 a barrel in 2019 on the back of an agreement to cut output by OPEC and non-OPEC oil exporters reached last month.

The minister spoke to reporters in Abu Dhabi.

(Reporting by Rania El Gamal and Maha El Dahan; Writing by Maher Chmaytelli; Editing by Kim Coghill)

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