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Commodities Briefing - Categorized | Market Pulse, Oil more

Oil supply comfortable ahead of OPEC meeting

Posted on 06 December 2012

OPEC is expected to stick with an output target of 30 million bpd when it meets on December 12. Global oil supplies are comfortable, OPEC secretary general Abdullah al-Badri said on Tuesday ahead of the oil exporting group’s meeting in Vienna next week.
“The market is comfortable as I see it at this time,” he told Reuters on sidelines of United Nations climate talks in Doha………………………………………..Full Article: Source

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