VOL. XXXVIII

NO. 30

24-APRIL-1995

Kuwait

Kuwait Targets$20/B Oil Price

During a visit toIndonesia, the Kuwaiti Crown Prince and Prime Minister, Shaikh Sa'd al-'AbdAllah al-Sabah, told a press conference on 19 April that Kuwait wanted a higheroil price following the weakening of the US dollar. Shaikh Sa'd said "wemust make an effort to increase the oil price," and indicated thatIndonesia wanted the same. Meanwhile, the Kuwaiti Minister of Oil, Mr. 'Abd al-Muhsinal-Mud'ij, who was accompanying the...