UAE energy minister says expects rebound of shale oil supply

MUSCAT (Reuters) - The UAE’s energy minister said on Sunday that he expected a rebound of shale oil supply and that OPEC producers were not underestimating its impact. Speaking to reporters on the sidelines of a meeting of the joint ministerial committee, Suhail al-Mazroui also said he expected compliance levels to an agreement made in December about supply cuts to be good.