LOC20:06
17:06 GMT
KUWAIT, April 2 (KUNA) -- Iraq will implement a voluntary cut of 211,000 barrels per day from May till the end of 2023 in coordination with some other OPEC and non-OPEC Participating Countries in the Declaration of Cooperation, said Iraqi oil ministry.
Meantime, Algeria announced that it will implement a voluntary cut of 48,000 barrels per day from May till the end of 2023 in coordination with some other OPEC and non-OPEC Participating Countries in the Declaration of Cooperation, said Algerian ministry of energy.
Earlier today, Kuwait, Saudi Arabia, Oman and the UAE announced the implementation of voluntary cut of oil production till the end of 2023. (end)
mr.ahh.aa