VIENNA, – The Organization of the Petroleum Exporting Countries meets on Friday in the Austrian capital, with delegates saying the group will leave its oil output policy unchanged.
Following are comments from OPEC ministers and other officials on Thursday in connection with the talks.
Kuwaiti oil minister Ali Saleh al-Omair, speaking at an OPEC seminar in vienna on Thursday:
“If prices don’t rise up to $77 per barrel then of course (in the) Kuwaiti budget we will have a little deficit.”[pro_ad_display_adzone id=”70560”]
Asked whether Kuwait was happy with the OPEC strategy of defending market share: “As you mention, we are still surviving with our budget. It is not the best situation that we prefer of course, so it depends on the second half…”
(Reuters)