KUWAIT, March 3 (KUNA) - Kuwait will extend its voluntary oil production cut of 135,000 barrels per day for the second quarter of 2024, said Deputy Prime Minister and Oil Minister Dr. Imad Al-Atiqi Sunday.
In a press statement, the minister affirmed that this decision comes in coordination with some countries participating in the OPEC+ agreement.
He stated that Kuwait's production will continue at 2.413 million barrels per day until the end of June 2024.
Minister Al-Atiqi confirmed that the additional voluntary reduction is aimed at enhancing the precautionary efforts made by OPEC+ countries to support the stability and balance of petroleum markets. (end) km.aa