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22 Jun 2018
UAE EnergyMin: Did not discuss allowing producers with spare capacity to fill gaps left by others
Following the closed OPEC, non-OPEC meeting in Vienna, United Arab Emirates' Energy Minister Suhail Al- Mazrouei crossed the wires in the last hour, delivering the key remarks, via Reuters, found below.
- OPEC will never target a price.
- Individual output allocation not decided.
- No decision on allocations due to differences between countries.
- No number for real output increase.
- We did not discuss allowing producers with spare capacity to fill gaps left by others.