OPEC

Falling Market Share Exacerbates OPEC Tensions Says Kuwaiti Minister 

According to the Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, OPEC's current problems stem from its falling share of the world oil market, which has exacerbated tensions within the Organization that have existed since its foundation, particularly with regard to the allocation of quotas between the member states.

In an interview with the Kuwaiti daily al-Anba published on 30 November, Shaikh...