Kuwait confirms that the decline in oil prices is not justified
13/01/2015
Kuwait announced Tuesday that the sharp drop in oil prices is not justified excluded market improvement before the second half of the year.
He said Kuwaiti Oil Minister Ali Al-Omair told reporters that no one can now justify the drop in oil prices to their lowest levels in six years.
Omair predicted that this situation will continue until absorb the surplus in the market and improve the global economy. He said projections indicate that this will not happen before the second half of 2015.
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13/01/2015
Kuwait announced Tuesday that the sharp drop in oil prices is not justified excluded market improvement before the second half of the year.
He said Kuwaiti Oil Minister Ali Al-Omair told reporters that no one can now justify the drop in oil prices to their lowest levels in six years.
Omair predicted that this situation will continue until absorb the surplus in the market and improve the global economy. He said projections indicate that this will not happen before the second half of 2015.
[You must be registered and logged in to see this link.]