Guess what percentage of companies actually reward staff for innovation…August 31, 2015 3:16
Oil price stability achieved, says UAE minister
The oil market is well supplied, Mohammed al- Hamli, the UAE’s oil minister said on Tuesday.
March 2, 2010 4:43 by kippreport
Oil prices between $70 and $80 per barrel are “acceptable” to producers, Mohammed al- Hamli, the UAE’s oil minister said on Tuesday. “The market is well supplied,” told reporters, adding that the oil price stability has been attained despite the current global economic conditions.
“Current oil price levels suggest that international oil markets are, for once, taking a long-term view,” he said. “It is clear that the age of easy oil is coming to an end,” he added.
While global oil demand decreased by 1.4 million barrels per day in 2009, it is expected to grow by 800,000 barrels per day this year, he said.