Kuwait joins Saudis, Russia to seek oil-cuts extension into 2018

Kuwait has now declared its support to extend the oil production cap by OPEC and other global producers. At a joint press conference, energy ministers from Saudi Arabia and Russia recently called the extension necessary.
Photo: /ritzau/Nabil al-Jurani/Arkiv
Photo: /ritzau/Nabil al-Jurani/Arkiv
BY WAEL MAHDI, BLOOMBERG

Kuwait joined Saudi Arabia and Russia in supporting an extension of oil-output cuts by OPEC and other global producers through the first quarter of 2018 to help trim global stockpiles.

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