UAE energy minister Suhail Al Mazrouei on the wires
- Optimistic about future of the market
- Oil market needs "major investments"
The usual OPEC member country rhetoric. Nothing more it seems from Mazrouei, just some general comments.
Oil is lower on the day, but is still trading near highs posted yesterday. WTI is at $63.84 while Brent is at $67.43 as commodities are also largely unchanged on the day so far.