10.10.2011 - No dip in oil demand, exports - Saudi's Naimi
Saudi Arabia sees neither a decline in global oil demand nor a reduction in the kingdom's exports due to increased output from Libya, Oil Minister Ali al-Naimi said on Sunday. "I don't think it will decline because, even with the global economic situation, the expectation for 2011 is still 1 million barrels more than 2010 and expectations for 2012 it is between 1.1 million barrels and 1.3 million barrels," Naimi said in an interviewed on television channel Al Arabiya..............................................Full Article: Source
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