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Kuwaiti Oil Minister says his country has increased oil production in line with OPEC +

Adel 24 August, 2022 12:10 pm Commodities, Daily Economic Reports, Economic Report, Market Update

On Wednesday, Kuwait’s official news agency said, citing the oil minister, that the country had increased crude oil production to 2.811 million b/d in line with the OPEC+ agreement.

The minister added that years of underinvestment have resulted in spare capacity being extremely limited globally and that Kuwait will continue to support efforts to enhance market stability through OPEC+.

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