By: Ahmad Awad
Kuwait – Mubasher: The prices of global oil will remain within the range between $55 and $60 per barrel (pb), Kuwait’s oil minister, Essam Al Marzooq, said on Wednesday.
As oil remains above the $60-leve, shale oil will reach high levels and form pressure on prices, the minister said on the sidelines of the third Kuwait Oil & Gas Show & Conference (KOGS 2017).
Al Marzooq noted that the new US policy under the chairman of Donald Trump is expected to cooperate with the GCC allies in the comping period.
Translated by: Ingy ElSafy
