ADIPEC: UAE Minister says no oil shortage with market set to move into surplus

Crude Oil
17 Nov 2021
he United Arab Emirates' energy minister Suhail Al-Mazrouei on Wednesday reiterated the OPEC position that there is no shortage of oil and the market will...

Please Register or Sign in to view this content.

Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.

Quantum Oil service subscribers have access to:

  • Daily price assessments
  • Market news and price commentary
  • Fundamental trade data
  • Quantum Oil Daily - market report sent to your email

Get in touch with us for subscription information on all Quantum platforms, or help with the service.

Quantum Services

Related
OPEC's Barkindo sees global oil markets moving in deficit in December
Crude Oil
16 Nov 2021
The global oil market will move from a supply deficit into a surplus in December, according to OPEC Secretary-General...
ADIPEC: Russia says no need for more oil as market heads for surplus
Crude Oil
16 Nov 2021
Russia has added its voice to the growing list of producers pushing back on US calls to ramp up oil production...
ADIPEC: Saudi Arabia sees oil inventories rising, no need to alter OPEC+ policy
Crude Oil
15 Nov 2021
Saudi Arabia expects inventories to rise over the next few months, negating the need for the OPEC+ block to quicken the pace of production hikes...
ADIPEC: UAE's Al Mazrouei sees 400,000 bpd monthly increments as sufficient
Crude Oil
15 Nov 2021
The OPEC+ block of oil producers is likely to stick with current plans to increase daily output by 400,000 barrels per month, Suhail Al Mazrouei, UAE Minister...