Kuwait joins Saudi Arabia in extra oil cuts with additional 80,000 barrels per day

An aerial view shows Kuwait City. (File photo: Reuters)

Kuwait joined Saudi Arabia on Monday in announcing fresh oil production cuts to be implemented in June, state news agency KUNA reported, citing Oil Minister Khaled al-Fadhel.

Kuwait will slash production by 80,000 barrels per day in June, on top of the cuts already agreed under a pact by the OPEC+ group of major oil producing countries, the agency reported al-Fadhel as saying.

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Last Update: Wednesday, 20 May 2020 KSA 09:58 - GMT 06:58
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