ABU DHABI – United Arab Emirates Energy Minister Suhail al-Mazrouei said on Jan. 12 he expects an average oil price of $70 a barrel in 2019 on the back of an agreement to cut output by OPEC and non-OPEC oil exporters.
Reuters: UAE energy minister expects average oil price of $70 in 2019
OPEC President UAE Energy Minister Suhail al-Mazrouei gives a joint press conference with Iraqi oil minister, Algerian energy minister and OPEC governor for Kuwait, at the end of the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting in Kuwait City on Dec. 23, 2018.
