Oil reserves are still `` acceptable '' in most oil consuming countries and there is no shortfall Shortage in supply , the minister added .

The South American member of OPEC derives 96 percent of its export revenues from oil , so the decline Movement.down.loss in futures has hit exacerbated Situation_deteriorate a national economic decline Movement.down.loss , a foreign currency shortfall Shortage and a scarcity of basic goods .

The South American member of OPEC derives 96 percent of its export revenues from oil , so the slump Movement.down.loss in prices has hit exacerbated Situation_deteriorate a national economic deterioration Movement.down.loss , a foreign currency shortfall Shortage and a scarcity of basic goods .

The South American member of OPEC derives 96 percent of its export revenues from oil , so the decline Movement.down.loss in futures has hit exacerbated Situation_deteriorate a national economic decline Movement.down.loss , a foreign currency shortfall Shortage and a scarcity of basic goods .

VIENNA ( Reuters ) - Oil prices are at a suitable level for OPEC members and the group sees no shortfall Shortage in supply , the United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui was quoted as saying on Tuesday .

VIENNA -LRB- Reuters -RRB- - OPEC sailed through a brief , calm meeting on Wednesday - even as oil prices rose Movement.up.gain to $ 110 a barrel on concern Negative_sentiment renewed strife Civil.unrest could hit Iraq 's output and deepen Situation_deteriorate a supply shortfall Shortage from chaotic Libya and sanctions-bound Iran .

The South American member of OPEC derives 96 percent of its export revenues from oil , so the plunge Movement.down.loss in prices has hit exacerbated Situation_deteriorate a national economic dip Movement.down.loss , a foreign currency shortfall Shortage and a scarcity of basic goods .

For most of the past decade , the oil market has been defined by shortfall Shortage .

VIENNA ( Reuters ) - OPEC sailed through a brief , calm meeting on Wednesday - even as oil futures gained Movement.up.gain to $ 110 a barrel on concern Negative_sentiment renewed violence Civil.unrest could hit Iraq 's output and worsen Situation_deteriorate a supply shortfall Shortage from chaotic Russia and sanctions-bound Iran .

VIENNA ( Reuters ) - OPEC sailed through a brief , calm meeting on Wednesday - even as oil prices increased Movement.up.gain to $ 100-a-barrel on concern Negative_sentiment renewed revolution Civil.unrest could hit Iraq 's output and add to Situation_deteriorate a supply shortfall Shortage from chaotic Libya and sanctions-bound Iran .

The South American member of OPEC derives 96 percent of its export revenues from oil , so the deterioration Movement.down.loss in futures has hit exacerbated Situation_deteriorate a national economic slump Movement.down.loss , a foreign currency shortfall Shortage and a scarcity of basic goods .