By: Ahmad Awad
Kuwait-Mubasher: Kuwait intends to pursue an initial public offering of some oil companies, acting Oil Minister Anas Al-Saleh said on Wednesday during the Kuwait Investment Forum.
Oil prices are expected to recover by the end of 2016 and rise 16% or 17% amid increasing demand, said Al-Saleh, who is also the finance minister in Kuwait.
Oil prices plunged 70% to reach $30 per barrel in January.
