OPEC AND OIL PRICES

Kuwaiti Minister Says Critical Period for December Agreement is Past

OPEC has "passed through the critical period" as far as the success of its December agreement on restricting production is concerned, according to the Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah Shaikh 'Ali told the Kuwait News Agency on 12 May that he attributed OPEC's success so far to the "good implementation" of the agreement by all the member countries and...