Opec's Qatar Against Increasing Output

OPEC is unlikely to increase oil output when its ministers meet in the United Arab Emirates this week.

Qatar's Oil Minister Abdullah al-Attiyah said on Monday that it was unlikely OPEC would amend production levels at the Abu Dhabi meeting on Wednesday.

According to the local newspapers, Attiyah consulted the ministers from OPEC in Doha and they shared the view that oil supplies were sufficient.