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Kuwait continues to implement oil output rate till March
(MENAFN) Kuwait will continue to install the recent oil production rate until March of 2018, as reported Emirates news agency.
Moreover, the Joint Opec-Non-Opec Ministerial Monitoring Committee has no authority over executive decisions to continue lowering global oil production.
In addition, Opec's ministerial committee might consider recommendations made by the JMMC as long as it was backed by solid data and numbers.
The JMMC contains three Opec members; Kuwait, Algeria and Venezuela and two non-Opec nations; Russia and Oman.
Moreover, the Joint Opec-Non-Opec Ministerial Monitoring Committee has no authority over executive decisions to continue lowering global oil production.
In addition, Opec's ministerial committee might consider recommendations made by the JMMC as long as it was backed by solid data and numbers.
The JMMC contains three Opec members; Kuwait, Algeria and Venezuela and two non-Opec nations; Russia and Oman.
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