Job Search
 
 
  CV Search
 
 
  News
Marshall Islands Registry Biggest and Best Posidonia
  
Questions on US clean up operation
  
Cyber Climate Risks and Human Error Threaten Shippings Safety Progress According to New Allianz Report
  
Newbuilding Activity Quietens Down
  
Baltic Exchange Rates Easing in the Larger Classes but Aframaxes Return to Higher Ground
  
 
 

Maritime News

UAE energy minister says not concerned with current oil price

United Arab Emirates UAE Energy Minister Suhail al Mazrouei said on Thursday he was not concerned with the current oil price.

We are not panicking or see any need to do anything Mazrouei said at an oil event in the UAE capital Abu Dhabi.

He said there was an oversupply of around 100 million barrels in the market adding that the market still needed to reduce oil inventories to their five year average.

In a bid to support oil prices OPEC member countries and other oil producers in January 2017 began output cuts aimed at lowering the level of oil inventories in OECD industrialised countries to their five year average.

On Thursday Mazrouei said OPEC would continue monitoring oil supply growth in the United States and that in order to meet oil demand growth the market needed shale oil supply.

Mazrouei, current president of producer group OPEC earlier said that he expected the oil market to balance in 2018 and that OPEC was committed to continuing with its supply cut pact until the end of the year.

Under the pact between most OPEC members and others including Russia oil producers have agreed to reduce output by some 1.8 million barrels per day until the end of 2018.
Source Reuters Reporting by Rania el Gamal and Stanley Carvalho editing by Jason Neely

Read More.

 Featured Company
BD Shipping,India CORPORATE MARITIME SER PVT LTD,India Arctic Offshore & Manning Company Pvt. Ltd.,India
Vigil Marine Services Private Limited,India NAAVEX MARINE SERVICES,India World Ships Management Pvt Ltd,India
Marine Solutionz Ship Management Pvt. Ltd.,India TEJAS MARITIME PVT. LTD. ( MAC SHIP DESIGN AND CONSTRUCTION PRIVATE LIMITED ),India DP SHIP MANAGEMENT PVT. LTD,India
BELLFRANC ALLIED SERVICES PRIVATE LIMITED,India Delfina Ship Management Pvt.Ltd.,India Sea blue marine,India
Trinitas Ship Management Private Limited,India Nams Ship Management Pvt.Ltd,India SS Maritime Services,India
Mariners Community Ship Management Private Limited,India Oceanic Star Shipping Pvt. Ltd. ,India Tapti Waterways Private Limited,India
Naz Maritime Services Pvt.Ltd.,India Swar India Shipping Services Pvt. Ltd,India Quadrant Maritime Pvt Ltd,India
Tangar Ship Management Pvt Ltd,India Oath Marine Services Pvt Ltd,India MARVIN INTERNATIONAL SHIP MANAGEMENT,India
Rassiya Shipping Services Pvt Ltd,India Mr.Sushant,India Summai Shipping Pvt.Ltd.,India
MMS Maritime (India) Pvt.Ltd,India AMSWAY SHIP MANAGEMENT PRIVATE LIMITED,India AG. MARITIME PRIVATE LIMITED,India
Pelorus shipping pvt.ltd,India Seashell Marine Service Pvt. Ltd,India East India Shipping Agency,India
Campbell Shipping Pvt. Ltd.,India Phelix Shipping Ventures Pvt. Ltd,India Coastal Shipping Links(India) Pvt.Ltd,India
DMC SHIP MANAGMENT PVT LTD ,India Unimar Marine Services Pvt. Ltd.,India Three Bees Shipping Pvt. Ltd,India
Ocean Glaxy Marine Pvt. Ltd.,India VR MARITIME SERVICES PVT LTD,India Seaprime Marine Mgmt Pvt.Ltd,India
sarwamangla Marine Pvt Ltd,India Twilight Shipping,India Indocean Maritime Services Pvt Ltd,India
Valaf DMCC,India Lilly Maritime Pvt. Ltd.,India Neptune Ship Management ,India
Nimbusmaritime Service,India MMS Americas LLC,India Amag Ships Pvt. Ltd.,India
gwl maritime services india pvt ltd ,India RAMAN MARITIME ACADEMY PVT. LTD.,India DEMENTUS SHIP MANAGEMENT INDIA PVT LTD,India
Eklavya Ship Management,India Penta Crystal Ship Management,India Oceanic Shipping Services Private Limited,India
Synergy Maritime Recruitment Services Pvt Ltd,India MAERSK ,India SeaJobhunt,India
APAC Marine Services Pvt. Ltd,India Angel Maritime (India) Services ,India Albatross  Marine Services  ,India
AET Shipmanagement (India) Pvt. Ltd,India Helm Shipping Management Private Limited,India SHRI MAHAVIR MARINE SERVICES PVT LTD,India
Bridgeview Maritime Pvt.Ltd,India Calm Seas Shipping and Maritime Services Pvt.ltd,India Ad Ship Management pvt. Ltd,India
Tristarr Maritime And Shipping Private Limited,India

Copyrights © 2012 seajobhunt.com
Terms and Conditions  -   Sitemap  -   Private Policy  -   FAQ  -   Contact Us
Site By : Pheunix