UAE energy minister says expects rebound of shale oil supply

21 Jan, 2018 12:49 pm

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.

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