VOL. XXXIII

NO. 14

8-JANUARY-1990

OPEC

Kuwait and Indonesia Agree on Price Moderation

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, believes that OPECshould defend the current $18/B OPEC marker price and that the appropriatereaction to the current surge in oil prices may well be to raise the OPECproduction ceiling. Speaking on 3 January during a visit to Indonesia, Shaikh'Ali told reporters that "Indonesia has the same policy as us. We do wishto maintain and preserve price stability at...