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UAE Energy Min Mazrouei:  OPEC+ is very close to deal on extension

UAE energy min Mazrouei is crossing the wires and has said that OPEC+ is very close to deal on an extension.

Key comments:

  • Not a challenge to reach an agreement.
  • Meeting is happening at end of June or July   .
  • US output not a threat, pace of growth is issue.
  • we need all to replace barrels at reasonable pace.  

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