World economy can withstand $100 oil price: Kuwait

Started by emirate, Dec 26, 2010, 01:01 AM

emirate

CAIRO (Reuters) - The global economy can withstand an oil price of $100 a barrel, Kuwait's oil minister said on Saturday, as other exporters indicated OPEC may decide against increasing output through 2011 as the market was well supplied.

World economy can withstand $100 oil price: Kuwait