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| Today: 09 February 2010 Time: 10:15 PM |
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| Kuwait: too early to say OPEC needs new cuts |
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| Power & Materials 4/13/2009 8:06:00 PM |
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KUWAIT, April 13 (KUNA) -- Kuwait Minister of Oil Sheikh Ahmad Al-Abdullah
Al-Sabah said Monday it was too early to determine that OPEC needed new output
cuts when it meet next month.
"We are satisfied with current oil prices," Sheikh Ahmad told reporters
after the inauguration of an exhibition in the Plastic Arts Society.
The Organization of Petroleum Exporting Countries (OPEC) has to examine a
number of factors before taking any decision regarding the production, he
said, such as quantities produced by non-OPEC members. (end)
ahj.bs
KUNA 132006 Apr 09NNNN
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