According to the media June 29 reported the Doha, Qatar Oil Minister Abdullah bin Hamad Al-Attiyah on June 29 said that he thought the Organization of Petroleum Exporting Countries (OPEC), there was no need to September this year held in Vienna in the next members of the Council of Ministers on oil increase in oil production.
Attiyah In response to media questions about the OPEC meeting in September, said: "I think the OPEC meeting in September there is no need to increase oil production."
Attiyah said that despite the current 70 U.S. dollars per barrel of oil has nothing to do with supply and demand balance, but now there are signs that oil demand from Asia began to increase.
Attiyah said: "We are seeing some improvement in demand, but the current rise in oil prices and the market has nothing to do with supply and demand fundamentals."
Jul. 2, 2009
