Opec to maintain supply

Published September 7, 2003

KUWAIT, Sept 6: Kuwait’s energy minister Ahmad al-Fahd al-Sabah said on Saturday that he believes OPEC’s current

supply limits are likely to continue since oil prices are still suitable.

Asked about recent remarks by Ali al-Naimi, oil minister of OPEC heavyweight Saudi Arabia, that there was probably no need to change OPEC’s output ceiling, the Kuwaiti minister told Reuters:

“I fully agree with what my colleague Mr. Naimi is saying. I think we will continue with our production.”

Asked about thinking in the Organisation of Petroleum Exporting Countries before its ministerial meeting this month, Sabah said the cartel was keenly watching oil prices after they recently hovered around the top of OPEC’s price target range, prompting some calls to hike supply.—Reuters

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....