Kuwait oil minister: Oil prices are good for producers, consumers

Reuters
  • Kuwaiti newspaper Al-Rai reported the statement
  • It cited Al-Fadhil saying 鈥渃urrent oil prices are good for producers and consumers鈥�

CAIRO: Kuwait鈥檚 Oil Minister Khalid Al-Fadhil said current oil prices are good for producers and consumers, Kuwaiti newspaper Al-Rai reported on Sunday.
Al Rai cited Al-Fadhil saying 鈥渃urrent oil prices are good for producers and consumers, as consumer countries see that a price between $60-70 is a good price for everyone.鈥�

Topics: Kuwait Oil