HomeBusinessKuwait sees fair oil price at $60-$68 a barrel, says oil minister

Kuwait sees fair oil price at $60-$68 a barrel, says oil minister

KUWAIT: Kuwait considers a crude oil price range of $60 to $68 a barrel to be fair under current market conditions, the country’s oil minister said on Sunday.The recent decline in oil prices was unexpected, Kuwait’s Oil Minister Tariq Al-Roumi said on the sidelines of the Organization of Arab Petroleum Exporting Countries’ (OAPEC) ministerial meeting in Kuwait.

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