Sunday, 17 May , 2020     |     960      |      +      |     

Kuwait to voluntarily cut 80,000 bpd in June

Kuwait to voluntarily cut 80,000 bpd in June : Google
  • Business

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.

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.

Kuwait Today Business Subscription

Category: #Business | 2020/05/17 latest update at 9:00 PM
Source : Arabian Industry | Photocredit : Google
Comments Add comment

Latest Comments

  LinkedIn Gulf Media

Sponsored Publications

Related Articles

The editorial staff of Kuwait Media would like to give all of its readers from Gulf and Kuwait and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Kuwait Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Kuwait, the Gulf and the world.

Latest searches in Kuwait Today