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Following the closed OPEC, non-OPEC meeting in Vienna, United Arab Emirates’ Energy Minister Suhail Al- Mazrouei crossed the wires in the last hour, delivering the key remarks, via Reuters, found below.

  • OPEC will never target a price.
  • Individual output allocation not decided.
  • No decision on allocations due to differences between countries.
  • No number for real output increase.
  • We did not discuss allowing producers with spare capacity to fill gaps left by others.