Tag Archives: Kuwait

Libya, Nigeria May Be Asked to Cap Oil Output, Kuwait Says

Organisation of Petroleum Exporting Countries

Libya and Nigeria, which have both boosted oil production since they were exempt from global cuts this year, may be asked to cap their crude output soon in an effort to help re-balance the market, Kuwait Oil Minister Issam Almarzooq said. OPEC and non-OPEC producers have invited the two African nations to their committee meeting in St. Petersburg, Russia, on …

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