Producers signal no change

摘要

Opec delegates are signalling that ministers will keep output unchanged at the heads of state summit in Riyadh on 17-18 November.Members are adamant that crude stocks are ample ahead of the northern hemisphere winter."Prices are rising and we cannot help it," says an Iranian Opec source."The market is well supplied.The tightness is due to refining and WTI draws behind which the funds are heavily involved." Opec countries selling to Europe say that they see little demand for more sour crude."Extra supply is not advisable," says the source."New supplies would get us into a vicious circle and simply trigger a price war."