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OPEC’s al-Badri says current oil price ‘comfortable’

Wednesday, October 02, 2013 - 03:14

Oct. 2 - Oil prices are at an acceptable level for producers and consumers, says OPEC Secretary General Abdullah al-Badri, suggesting the group may not change output policy much at the next OPEC meeting

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I'm the many conference in London and the big theme this year is technology and the -- is an efficiency. Kids don't to -- -- this is the Olympic History Channel on that last sentence of. Meaning he's much for joining us. This means changing things it or is it now -- no brainer that. And it OPEC intensive production it's still good in anything decent for many many decades to come. I think guys think yeah it's. Yeah has noticed also who have bad habits and with the world news out of we're out there -- about reducing. That's the minimum today. Close so many years the compound without investing so we have given problem providing the world -- -- All inflows. For the foreseeable future. Think he's backed off he's he looked comfortable with cartwright says. They feel that hates giving in economic deep and yet he's getting pets and pets that. We just can't meet the US government. Shut down. Now this with good prices how does that impact prices could. I think Kevin -- all of this that we'll know that that effectively face this year. And some buckled floor we -- whatever stupid -- was that wanted it that. We Obama that that we'll have the -- is. And the but I guess you know even though it went public event but at this time it is that evident why it is. Acceptable and -- possible -- and it's. Sick and monkeys -- well you know is ranging between a 10800. -- It's all Lebanese that and 550. This year. It seems that. I think device with a stay. 171 -- -- or let him end of the year. That means. The end of this year and Cheney please in. My Britney. And and you don't thoughts I don't cost a booklet that you don't so I. Mean you know but yeah of course may have let this thing do you mean you should ask the minister of those the people who decide on my -- you -- -- development. 'cause I would be happy if federal. And just finish -- that Egypt Syria and Iran is weakness within eight feet unrest. Perhaps Egypt might -- Davidson. Producing countries. Frankly I -- from that any of the war that I don't. I don't want to see -- -- and as is not that it did not obviously and all of you wouldn't. We have a lot of what you would they need to go with them that was done them they've been so we need. Stability. When you're doing best we needed to Lloyd you know the youth unemployment. We needed doing could you tell -- we -- them in his element to patient so I hope that. That is -- that things would go about the moment.

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OPEC’s al-Badri says current oil price ‘comfortable’

Wednesday, October 02, 2013 - 03:14