This is bit of a hit and run diary, from the airport lounge, but have fun>
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Prices were given an upward nudge after Qatar's oil minister, Abdullah Hamad al-Attiyah, raised concerns over the Organization of Petroleum Exporting Countries' capacity to deal with demand for the next Northern Hemisphere winter, when global consumption peaks.
"OPEC is at its highest production in history. I am concerned about that. If we reach the full capacity now, we will tighten in the fourth quarter," Dow Jones Newswires quoted al-Attiyah as saying. "The spare capacity will be smaller and smaller, reaching a plateau when there is no more oil."
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http://www.businessweek.com/ap/financialnews/D8A0C4VG1.htm?campaign_id=apn_home_down