and OPEC and allied producers are seeking ways to cooperate after the agreement ends, according to UAE Energy Minister Suhail Al Mazrouei.
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Mazrouei, who also serves this year as president of the Organization of Petroleum Exporting Countries, isn’t concerned that a potential international trade war might upset the crude market, he said Tuesday in a Bloomberg TV interview in Dubai.
“I’m not that concerned about a trade war getting to the oil market,” Al Mazrouei said in the interview.
“It may affect the cost of drilling, the cost of completion, but I think overall the effect is going to be minor to the oil prices.”
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