ABU DHABI, Nov 24 (Reuters) - The United Arab Emirates is optimistic about a recovery of oil prices in 2016, a senior UAE energy official said on Tuesday.
"Oil prices are expected to recover in 2016," Matar al-Neyadi, undersecretary for the Ministry of Energy, said in a speech at a conference in Abu Dhabi.
"We are optimistic," Neyadi later told Reuters, without elaborating on the extent of any price recovery.
(Reporting by Maha El Dahan; Writing by Yara Bayoumy; Editing by Andrew Torchia) ((yara.bayoumy@thomsonreuters.com; tel: +9714 391 8301; Reuters Messaging: yara.bayoumy.thomsonreuters.com@reuters.net))
Keywords: EMIRATES OIL/
