DOHA, (Reuters) – Oil supply is at a comfortable level and there is no area of concern, Qatar’s Energy Minister said on Sunday.

“We look at the market from reserves and supply, both of these factors dont warrant any concern whatsoever. Supply is at a comfortable level,” Mohammed Saleh al-Sada told reporters on the sidelines of an industry event in Doha.

“OPEC is following the situation comprehensively, we can’t see any area for concern,” he added.