UAE: 'Days of Easy, Cheap Oil are Gone'

Suhail Al Mazrouei, UAE Minister of Energy. At 39, he is the youngest member of the UAE Cabinet.

Suhail Al Mazrouei, UAE Minister of Energy. At 39, he is the youngest member of the UAE Cabinet.

Mr. Mazrouei said the days of easy, cheap oil are gone and finding new discoveries is becoming difficult and costly, while global oil demand will increase by one million barrels per day until it reaches 105 million barrels per by 2030.
— Dow Jones Newswires