The Organization of Petroleum Exporting Countries will take into account oil market fundamentals before taking any decision on output levels when it meets in Abu Dhabi in December, OPEC President Mohamed Al Hamli said Tuesday.
"We have to look at the market fundamentals and we will take a decision accordingly," Al Hamli, who is also oil minister for the United Arab Emirates, said after signing a $5-billion deal for a joint venture refinery project in Pakistan.