Al Mazroui ... 'we shouldn't panic'
Opec has not contributed to oversupply: UAE
DUBAI, November 11, 2014
UAE energy minister Suhail bin Mohammed Al Mazroui said that oil market fundamentals had not changed, and the Organisation of the Petroleum Exporting Countries (Opec) had not contributed to oversupply.
Speaking at an energy conference in Abu Dhabi, he said: "Fundamentals in the market didn't change, Opec didn't contribute to an oversupply ... We shouldn't panic." -- Reuters
