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FXMAG COM>Articles>Commodities>UAE Energy Minister Suhail...
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Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

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Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

UAE Energy Minister Suhail Mohamed Al Mazrouei Statement About Crude Oil

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UAE Energy Minister Suhail Mohamed Al Mazrouei Statement About Crude Oil| FXMAG.COM
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  1. Market reaction

    UAE Energy Minister Suhail Mohamed Al Mazrouei said on Thursday, oil is in a 'decline mode’.

    He added that “demand is to fall over time.”

    Market reaction

    WTI is witnessing fresh selling pressure on the latest comments by the UAE Energy Minister. The US oil faced rejection once again at the $89 mark, turning south to near $88.65, as of writing. The black gold has erased its early gains.

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