Kuwaiti Minister Voices Confidence in Market Outlook 

The Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, has expressed confidence that the oil market is strengthening and that demand for OPEC oil in the second half of the year will be considerably higher than the current 16mn b/d OPEC ceiling.

In an interview published by the Kuwait daily al-Watan on 27 April, Shaikh 'Ali said that the relatively slight fall in prices occasioned by the recent sale of large...