OPEC's Barkindo - Oil inventory overhang had dropped below 140 million barrels

More comments from OPEC's Barkindo are crossing the wires via Bloomberg-

• Oil inventory overhang has dropped below 140 million barrels. 
• There is still a massive distortion in the market,
• Fundamentals of oil have not been as strong as they are now.
• Strong fundamentals and positive global growth are helping to drive prices higher.