VOL. XXX

NO. 24

23-MARCH-1987

OPEC AND OIL PRICES

Kuwaiti Minister Voices Optimism

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, believes that theOPEC countries are adhering to their production quotas, and that if theycontinue to do so over the next two months the outlook for OPEC's price stabilization plans will brighten in the second half of the year.

In an interview with the Kuwaiti daily al-Anba published on 18 March, Shaikh'Ali asserted that "our information is that all the OPEC...