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FINANCIAL NEWS
Qatar says oil supplies are sufficient
04 Dec 2012
(MENAFN) Qatari Minister of Energy and Industry, Mohammad Al-Sada, stated that there’s no problem in oil supplies and they are sufficient, reported Kuwait News Agency (KUNA).
Al Sada stressed that the average oil stock, on daily basis, is very healthy, and there’s no need for concerns.
Nevertheless, he noted that geopolitical factors might affect oil prices.
On the other hand, he said that from now until OPEC’s coming meeting, the situation and the developments of the oil market would be closely supervised.
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