OPEC Sec: The organization is optimistic about oil demand ‎

Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said on Monday at an energy sector conference in Abu Dhabi that OPEC is optimistic about demand and believes that the lack of investment poses a threat to energy security.

According to Reuters, he stressed the importance of continuing investment in the oil and gas sector and said that he believes that calls to stop investment will be counterproductive.