(MENAFN) Crude oil production of OPEC is expected to remain the same as Kuwait forecasts, according to Arab News.
Kuwait produces over a third of the world's oil, and is a member of OPEC.
Kuwait's oil minister, Mustapha Al-Shamali, will meet with the other members in Vienna next month to decide the oil output target.
Al-Shamali said: "It will be a normal meeting. We will consider everything regarding every single thing, pricing and the production, and I think it will keep (oil output) the same as now."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.