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OPEC is not the enemy of the U.S., UAE minister says
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OPEC is not the enemy of the U.S., UAE energy minister says
Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi. 'We are complementing each other, we are not enemies here,' Mazrouei told an industry conference in Abu Dhabi, addressing the relationship between the Organization of the Petroleum Exporting Countries and the U.S., a major oil consuming country. OPEC and other leading global oil producers led by Russia agreed in December to cut their combined oil output by 1.2 million barrels per day from January to prevent a supply glut and boost sagging prices.
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OPEC is not the enemy of the US, UAE minister says
ABU DHABI (Reuters) - The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
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OPEC is not the enemy of the U.S., UAE minister says
The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi. 'We are complementing each other, we are not enemies here,' Mazrouei told an industry conference in Abu Dhabi, addressing the relationship between OPEC and major consuming countries like the United States. OPEC, and other leading global oil producers led by Russia, agreed in December to cut their combined oil output by 1.2 million barrels per day from January in order to balance the oil market.
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