More oil releases from the US Strategic Petroleum Reserve won't 'rock the boat', says UAE's energy minister

• More releases from the US Strategic Petroleum Reserve aren't a threat to the global market, the UAE's energy minister says. 
• Suhail Al Mazrouei told Bloomberg that the UAE is focused on ensuring market balance. 
• "I don't think it's going to rock the boat,"he said of the US SPR release. 

More oil releases from the US Strategic Petroleum Reserve isn't a concern for producers in the United Arab Emirates. 

That's according to the UAE's energy minister Suhail Al Mazrouei, who told Bloomberg TV on Tuesday that more US oil entering the market from the SPR isn't a long-term solution to keep prices lower for the Biden administration.