Kuwaiti Oil Minister Denies Overproduction by Kuwait; Stresses Halt to Spot Sales is Temporary and Commercially Motivated
The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, has denied reports that Kuwait is exceeding its OPEC quota and stressed that Kuwait's decision to halt spot sales of Kuwaiti crude temporarily was taken on purely commercial grounds. Speaking in an interview published by the Kuwaiti daily al-Rai al-'Amm on 29 August, Shaikh 'Ali said that it...
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