Qatar sees OPEC keeping output unchanged
Oil minister does not foresee any fundamental changes in supply policy.
March 13, 2010 10:17 by kippreport
Qatar’s oil minister does not expect OPEC to make any fundamental change in output at its next meeting, according to the al-Hayat newspaper quoted by Reuters.
“I do not see any fundamental change in output during this meeting. I think the decision would be to extend OPEC’s current decision, and a decision on close monitoring of the oil market would be taken,” Abdullah al-Attiyah was quoted as saying by al-Hayat.
“It is true that global inventories are high but oil prices are fluctuating in such a way that … does not allow taking a new decision at this stage,” he added.
OPEC is set to meet in Vienna on March 17 to review its oil supply policy.