Kuwait replaces its oil minister

Market news

30 November 2015

Kuwait replaces its oil minister

Kuwait replaced its oil minister on Sunday. Anas al-Saleh was appointed as oil minister. He replaced Ali Al-Omair, who became minister of public affairs. Omair will retain his position as state minister for parliamentary affairs.

Saleh is currently the finance minister. He will retain his position.

The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna on December 04 to decide on the oil output limit.

Bank of Japan Governor Haruhiko Kuroda reiterates that the central bank will add further stimulus measures to boost inflation toward 2% target if needed

European Central Bank purchases €13.75 billion of government and agency bonds last week

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