UAE oil minister Suhail bin Mohammed al-Mazrouei said on Wednesday that the country's oil policy was open to cooperation with all producers toward the mutual interest of market stability.
Mazrouei made the comments in a tweet. He also said the UAE was optimistic about the future.
He did not say anything more specific about a proposal for oil producers to freeze output at January levels in order to prop up prices. The proposal was made on Tuesday by Saudi Arabia, Russia, Qatar and Venezuela.
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