UAE OilMin: No talks yet about extending OPEC output cuts into 2019 - RTRS

Reuters reported weekend’s comments from Suhail Mohamed Al Mazrouei, the UAE Oil Minister and OPEC’s current President, delivered in a brief interview ahead of the CERAWeek energy conference in Houston.

Key Quotes:

“We feel there is still market overhang.”

“There are no talks about extending cuts into 2019 at this stage.”