The secretary-general of the Organization of the Petroleum Exporting Countries said on Sunday that he was confident of seeing a more balanced oil market in 2016. “We need to keep investing, it is essential for our industry…I remain confident that our industry’s best days are yet to come,” Abdullah al-Badri told an oil industry conference in Kuwait. He said non-OPEC oil output had contracted recently, and that he did not believe the fundamentals of the market warranted a drop in oil prices. (Reporting by Rania El Gamal; Writing by Andrew Torchia )