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UAE Oil Minister: Oil prices to rise in 2016

by ChemOrbis Editorial Team -
  • 03/11/2015 (10:10)
According to local media sources, the Oil Minister of the United Arab Emirates, Suhail bin Mohammed al-Mazroui, said that they are expecting an upward correction in crude oil prices as of 2016.

The minister highlighted that the United Arab Emirates would not try to impose any correction on the market but added that market fundamentals such as growing demand would push oil prices higher.
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