UAE Energy Minister: No need for early meeting of OPEC + .. ‎Market is balanced

UAE Energy Minister Suhail Al Mazrouei said today, Monday, that the oil market is balanced and that he does not see what necessitates holding an early meeting of the OPEC + group of producing countries.

According to “Reuters”, he said, in response to a question about whether the group would hold a meeting earlier than the scheduled date, after Russia announced unilateral production cuts, “I do not see what calls for a meeting. The market is balanced.”