OPEC Has No Plans to Boost Crude Oil Output, Libyan, Qatari Officials Say

(Bloomberg) -- OPEC, which supplies about two-fifths of
the world's oil, won't heed calls from consumers to increase output
for the summer driving season, officials from Libya and Qatar said.

``We are convinced that the market is not short of supply,''
Qatari Energy Minister Abdullah Al-Attiyah told reporters in the
Persian Gulf nation's capital Doha today. Geopolitical risks in the
Middle East and Africa, not lack of production, are pushing oil
prices higher, he said.


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