The world's oil markets are well supplied despite shortages due to the current Libyan crisis, the UAE's energy minister has said."Markets enjoyed sufficient supplies of crude and the recent oil......
The United Arab Emirates will comply with the Organisation of Petroleum Exporting Countries'directive to reduce its output by 1 million barrels a day, from the official quota of 28 million barrels,......
Oil producing countries that have surplus production capacity provided international oil companies with additional quantities of crude, UAE Energy Minister Mohammed bin Dha'en Al Hameli......