OPEC

Kuwaiti Minister Says Price Collapse Possible but not Likely 

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, has said that he regards a collapse in oil prices as possible but not probable. In an interview with the Kuwaiti daily al-Rai al-'Amm published on 16 November, Shaikh 'Ali replied to a question as to whether oil prices might fall to $15/B: "I do not exclude the possibility - anything is possible. And this would have a major impact on the oil...