<p>There is no "immediate solution" to high oil prices, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday.</p>.<p>Mohammad Barkindo, adressing an energy conference in Riyadh, said oil-producing countries' capacity to increase crude supply is curtailded by a lack of investment in the industry.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>There is no "immediate solution" to high oil prices, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday.</p>.<p>Mohammad Barkindo, adressing an energy conference in Riyadh, said oil-producing countries' capacity to increase crude supply is curtailded by a lack of investment in the industry.</p>.<p><strong>Watch latest videos by DH here:</strong></p>