Kuwait has agreed to voluntarily cut an additional 80,000 barrels per day of production in June, the nation’s oil minister said according to a report by the Kuwait News Agency (KUNA).
The move backs Saudi Arabia’s plan to cut an extra one million barrels per day next month.
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The UAE has also agreed to cut an additional 100,000 bpd on top of the existing cuts agreed to in the last OPEC+ meeting.
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