UAE Will Attend Doha Oil Producers Meeting

Reuters

DUBAI, March 24 (Reuters) - The United Arab Emirates will take part in an upcoming meeting in Doha between OPEC and non-OPEC oil producers, the Gulf state's energy minister said on Thursday.

"We received an invitation to participate in the Doha meeting between OPEC and non-OPEC and we confirmed our participation," Suhail bin Mohammed al-Mazrouei wrote on his Twitter account.

The meeting in Qatar on April 17 will bring together oil producers to discuss a global pact to freeze production to support prices.

(Reporting by Sylvia Westall; editing by Jason Neely)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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Bud | Mar. 25, 2016
What is the possibility that the Saudis and others are participating in the futures markets through intermediaries to profit from their manipulation in the market for oil? If I knew exactly how much oil would be available for use in any month by my own manipulations, I could make a bet with full assurance of success. What do you think?


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