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Kuwait oil minister says oil prices 'fair'

Published: 25 Mar 2013 - 11:05 am | Last Updated: 02 Feb 2022 - 08:52 pm

KUWAIT: Current oil prices are fair, Kuwait's oil minister told reporters on Monday on the sidelines of an energy conference in Kuwait.

"The prices now are fair," Hani Hussein said.

Brent crude rose above $108 a barrel on Monday after ending last week down 2.2 percent in its second straight week of losses. (Reuters)