UAE EnergyMin: 2018 oil demand to be at 2017 level or more

The UAE Energy Minister Suhail Al Mazroui was out on the wires now, via Reuters, noting the following:

2018 oil demand to be at 2017 level or more.

Sees cold winter increasing demand for crude.

Expects inventories to decline in 2018.

Sees June meeting easing concerns about exit from cuts.