Kuwait backs OPEC+ meeting, resumes Neutral Zone shipments with Saudi

Kuwait supports Saudi Arabia's invitation for a meeting between a meeting of OPEC and non-OPEC oil producers, an informal grouping known as OPEC+, to curb global oil supply and halt the oil price rout, oil minister Khaled al-Fadhel said on Friday.

The minister, cited by the state news agency KUNA, also announced the resumption of crude shipments from the so-called Neutral Zone the country shares with Saudi Arabia for the first time in five years.

The shipment, of about one million barrels, will be loaded on a tanker on Saturday and Sunday, for export to Asia, he said.