Kuwait’s OilMin: Current oil price level is encouraging oil investments to return

Kuwait oil minister is out on the wires now, via Reuters, noting that current oil-price levels are encouraging and would lure investments into the commodity.

Key Headlines:

OPEC, Non-OPEC committee to monitor compliance over average of 6-months as well as monthly

Current oil price level is encouraging oil investments to come back again

OPEC is no longer the "guardian" of the oil price