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12-22-2009 Secretary of Administrative Committee of National Oil Corporation, Dr. '' Shukri Ghanem '' stressed the need that OPEC should be more committed to their production quotas agreed upon. In a statement to Reuters today he clarified that this commitment is essential due to the surplus in oil markets supplies . '' We must commit ourselves first , then we monitor the market '', the Secretary said . He ruled out that OPEC will change the official production ceiling of ( 24, 84 ) million barrels per day in its next meeting on Tuesday , indicating that the current oil prices are alright . Source: Libyaninvestment |
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