Market Effects of Price Collapse Should Help OPEC Says Kuwaiti Minister 

The unexpectedly strong effect of the collapse in oil prices on both supply and demand has enlarged OPEC's market share more quickly than anticipated and may thus help to resolve the problem of allocating quotas to the member states, according to the Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah.

In an interview with the Kuwaiti daily al-Anba on 21 May Shaikh 'Ali described the supply and...