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9 Mar 2017
UAE EnergyMin: Oil price fall temporary, US inventories 'a worry' - RTRS
Reuters reports overnight comments from the United Arab Emirates (UAE) energy minister, Suhail bin Mohammed al-Mazrouei, speaking on the sidelines of an industry conference in Houston.
Key Quotes:
"I think this (recent oil-price decline) is a temporary thing. The market will continue to go up as we hold to the agreement"
The rise in inventories was "a worry"
UAE will have 170k-200k cut in coming months from maintenance