Investments to determine fuel prices at the pump: UAE Energy Minister

The UAE’s energy minister, Suhail al-Mazrouei, stated that fuel prices for consumers will depend on continued investment in fossil fuels. He emphasized the need for more investment in the oil and gas industry to ensure that prices are favorable at the pump. Saudi Arabia and Russia have also extended 1.3 million barrels per day (bpd) of additional voluntary cuts until the end of the year.

Leave a Reply

Your email address will not be published. Required fields are marked *

× Contact us for news, article submissions, and SEO services.