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Global oil market is well supplied - Qatar energy minister

Published: 15 Oct 2012 - 12:34 pm | Last Updated: 07 Feb 2022 - 03:20 pm

TOKYO: The global oil market is well supplied and oil stock levels are healthy, Qatar energy minister Mohammed Saleh al-Sada said on Monday.
 
"The market is well supplied worldwide and the stock level of oil is in a very healthy situation," he told a group of reporters on a visit to Tokyo.
 
"We produce more than 700,000 barrels per day but also the equivalent amount is produced for condensate," he added.
 
He made the comments on the sidelines of a meeting between Japanese and Qatari energy and industry ministers. (Reuters)