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Kuwait oil minister believes oil prices have bottomed out

Speaking in the Saudi capital Riyadh, Ali al-Omair also said OPEC should not cut production alone

Published: Updated:

Kuwait’s oil minister said on Wednesday he believed oil prices had bottomed out.

Speaking in the Saudi capital Riyadh, Ali al-Omair also said OPEC should not cut production alone.

“OPEC should not cut production alone yes ... I think OPEC should stick to its unity,” Omair told reporters on the sidelines of a carbon conference.