Thursday, Jun 07, 2012



By Gurdeep Singh

KUALA LUMPUR--Global oil markets are well supplied and OPEC members will consider in the next meeting whether any action is needed to keep the market balanced, Algerian Oil Minister Youcef Yousfi said Thursday.

"There's enough oil in the market today," he said at a conference.

Write to Gurdeep Singh at gurdeep.singh@dowjones.com

(END) Dow Jones Newswires

07-06-12 0831GMT