Loading
14-Oct-2010 11:07 AM

Kuwait to recommend OPEC maintain output quotas

Kuwait Oil Minister Sheikh Ahmad al- Abdullah al-Sabah stated the country would recommend that the Organisation of Petroleum Exporting Countries (OPEC) maintains oil production quotas, adding that the country would "be asking for more compliance” which is approximately 54%. Sheikh Ahmad stated Kuwait is content with current oil prices adding that USD70-85 is the “most comfortable” price range. 

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More