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 |