OPEC

Kuwaiti Minister Says Eight Countries Exceed OPEC Quotas 

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, has warned that those OPEC countries which are taking advantage of the current surge in demand to produce more than their quotas are risking consequences which far outweigh any immediate advantage. In an interview published in the Kuwaiti daily al-Watan on 8 January, the Kuwaiti Minister warned against seeking short-term gains, saying that "the quantities...