Kuwait oil minister: $60-$70 is appropriate oil price

DUBAI, Dec 4 () – An oil price of $60-$70 a barrel is an appropriate price for producers and consumers, Kuwait’s oil minister Khaled al-Fadhel said on Wednesday in Vienna, according to state news agency KUNA. (Reporting by Sylvia Westall; Editing by Susan Fenton)Our Standards:The Thomson Trust Principles.