January 21, 2018 / 7:17 AM / a year ago

UAE energy minister says expects rebound of shale oil supply

MUSCAT (Reuters) - The UAE’s energy minister said on Sunday that he expected a rebound of shale oil supply and that OPEC producers were not underestimating its impact.

Speaking to reporters on the sidelines of a meeting of the joint ministerial committee, Suhail al-Mazroui also said he expected compliance levels in December with the agreement to be good.

(This story removes reference in para 2 that the agreement was made in December)

Reporting By Maha El Dahan and Rania El Gamal; Writing by Tom Arnold

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