U.A.E. Says Extension of OPEC Supply Cuts Is Needed for Oil Market

Date: 2019-07-01 15:48:15

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Jul.01 — As oil producers from the Organization of Petroleum Exporting Countries and its allies gather in Vienna, United Arab Emirates Energy Minister Suhail Al Mazrouei said an extension of supply cuts is needed “for the current conditions of the market.” Mohammad Darwazah, director of geopolitics and energy at Medley Global Advisors, also speaks on “Bloomberg Daybreak: Europe.”