Kuwait, Saudi to halt oil production from joint field - Al Rai newspaper
- Country:
- Saudi Arabia
Kuwait and Saudi Arabia have agreed to halt oil production from the joint Al-Khafji field for one month, starting from June 1, Kuwait's Al-Rai newspaper reported on Saturday. There was no immediate comment from Kuwaiti officials.
Saudi Arabia and Kuwait have agreed with other members of the OPEC+ group of oil producers to cut output in a bid to reduce a glut in global supplies. Both Gulf states have also said they would make additional cuts beyond the agreed curbs.
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