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Commodities Briefing - Categorized | Market Moves, Oil more

Global oil supply sufficient, says Qatar energy minister

Posted on 05 December 2011

Global oil market supply is sufficient, OPEC member Qatar’s energy minister said. “The prices are determined by the market and currently the supply is enough,” Mohammed Al-Sada told reporters on the sidelines of the World Petroleum Congress.
OPEC Secretary-General Abdullah Al-Badri, speaking a week before the producer group meets to discuss output against the backdrop of a debt crisis in the euro zone, said at the same event: “The market is very well supplied.”……………………………………….Full Article: Source


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