U.A.E. concerned that oil glut may curb exploration, production
“What worries us is that some investors will not continue to invest,” United Arab Emirates’ Energy Minister Suhail Al Mazrouei said.
View ArticleWTI crude steady after U.S. stockpiles drop from five-month high
Oil fell 18 percent last month as the Organization of Petroleum Exporting Countries maintained its output target, letting prices fall to a level that may slow U.S. production growth.
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