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OPEC May Take All Necessary Measures to Support Oil Market

© Sputnik / Alexei Druzhinin / Go to the mediabankNovember 23, 2015. Russian President Vladimir Putin attends the summit of the heads of state and government of the Gas Exporting Countries Forum in Tehran
November 23, 2015. Russian President Vladimir Putin attends the summit of the heads of state and government of the Gas Exporting Countries Forum in Tehran - Sputnik International
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OPEC has to monitor the situation in the world oil market even afteer the Doha meeting due to the high level of uncertainty.

DOHA (Sputnik) — The oil-producing countries after a meeting in the Qatari capital of Doha, will have to observe how the situation will develop and to discuss, if necessary, additional market support measures at the Organization of the Petroleum Exporting Countries (OPEC) meeting in June, Ecuadorian Oil Minister Carlos Pareja said Sunday.

"It is necessary to see what will happen after this meeting, and then, if necessary, at the OPEC meeting to adopt additional measures," Pareja told reporters.

He later specified he was referring to the June OPEC meeting.

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