-"Nobody is asking for additional crude. You know and I know that the reasons for the price being where it is not a shortage of supply." - Ali Naimi, oil minister of OPEC kingpin Saudi Arabia, told reporters on arrival in Doha for the 10th International Energy Forum, as OPEC ministers meeting in an informal session in the Qatari capital Monday agreed unanimously to keep their 28 million b/d ceiling unchanged for now.

"Ministers noted that world economic growth had remained strong despite increasing oil prices and market volatility. They expressed concern over the possible effects of high price levels on economic growth, especially for developing countries. They reconfirmed their shared interest in reduced market volatility and stable prices." - Said a statement issued at the end of the 10th International Energy Forum, a biannual gathering of oil producers and consumers.

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