VOL. XLII

No 40

4-October-1999

OPEC

Kuwait Wants To See Brent At $25-28/B

Kuwait痴 Oil Minister Shaikh Sa'ud Nasir al-Sabah said on 29September that his country wanted to see the Brent oil price at $25-28/B andthat this was attainable given the state of the oil market and global economicconditions. Shaikh Sa'ud told a meeting of French businessmen in Paris that"we in Kuwait are convinced that the logical likely price for oil, takinginto consideration Brent as an indicator...must be between $25 and...