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Kuwait ramps up oil production
July 2, 2018

Kuwait ramps up oil production

Adhering to the agreement that was reached in the OPEC meeting last month, Kuwait has elevated its oil output by 85,000 barrels per day (bpd). The confirmation came from Kuwait's Oil Minister and Minister of Electricity and Water, as he stated that “Kuwait will raise its oil production from tomorrow to 2.785 million barrels, a daily increase of 85,000 compared to May, based on last week’s production cut agreement.”

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