No 36



Naimi Sees No Need To Change OPEC Oil Output Target At 24 September Conference

Saudi Arabias Oil Minister Ali Naimi said on 3 September that there would likely be little need to alter OPECs oil production targets at the scheduled 24 September ministerial conference in Vienna. If you look at the supply, inventories, price you will conclude that the market is in balance and at least for a couple of months there is no threat for making the market unbalanced, Mr...