News Headline Summary

OPEC's Secretary-General El-Badri sees no further oil output cuts and sees improving world economy

Update details:

- In Earlier comments, the OPEC secretary general said that there would be no need to cut OPEC supply if economies struggle. He also reiterated that the Oil market was to remain well-supplied in 2013 and he does not see an oil price collapse.

Print 13:00, 28 Jan 2013 - Commodities - Source: Newswires