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Commodities Briefing - Categorized | Oil, Trading more

Kuwait says oil exports normal, doesn’t fear strike impact

Posted on 12 October 2011

Kuwait, the fifth-largest producer in OPEC, is exporting oil as usual and is not concerned that a nationwide strike by customs workers will block crude shipments, the country’s oil minister told the official news agency KUNA.
State-run Kuwait Petroleum Corp. “has taken all procedures and precautions with regard to production and exports,” Mohammad al-Busairy said, according to the agency. “There is no fear of an impact from the customs employees’ strike on Kuwait’s oil exports.”………………………………………Full Article: Source


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