'ALI KHALIFAH DENIES KUWAIT FAVORS OPEC OIL PRICE INCREASE

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, has categorically denied media reports claiming that Kuwait would be in favor of a rise in OPEC oil prices this year.

Speculation to this effect in the international media was sparked off by an article in the Kuwait daily al-Rai al-Amm, which quoted Shaikh 'Ali as indicating that the subject of a price rise would be discussed at the forthcoming OPEC meeting in...