Thursday, December 14, 2017
 
 
News: Page (1) of 1 - 01/11/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Kuwait: Current oil prices are "very reasonable"
Kuwait's oil minister says world needs more oil and prices are "very reasonable"
By The Associated Press

KUWAIT CITY (AP) ' Kuwait's oil minister says international markets need more oil, and that the Gulf country considers the current price of crude "very reasonable."

The country's official news agency quoted Mohammed al-Busairi as saying that Kuwait's daily production exceeded 3 million barrels last month.

Al-Busairi made the comments to KUNA late Tuesday amid concerns that Iran might try to close the vital Strait of Hormuz in retaliation for new U.S. sanctions on its central bank.



The sanctions would make it difficult for Iran to sell its crude.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines