Wednesday, 23 May 2012

Qatar oil minister says markets well supplied; no shortage anywhere: report - Oil | Platts

Qatari Oil Minister Mohammed al-Sada said Wednesday that oil markets were currently well supplied and there was no shortage anywhere in the world, official Qatar news agency QNA reported.

"We do not see any shortage of oil supplies in any part of the world," he told reporters on the sidelines of a cement conference in the Qatari capital Doha.

Sada also said that OPEC ministers due to meet in Vienna on June 14 would review markets and the supply situation at that time, refusing to speculate on the likely outcome of the meeting.

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