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Kuwait expects OPEC to keep crude output target unchanged

Posted on 11 November 2013

Kuwait is currently producing 2.9 million barrels per day of oil and had the capacity to produce 3.2 million bpd. Kuwait’s oil minister said on Saturday he expected OPEC to keep its crude oil output target unchanged at its next meeting.
Kuwait is a member of the Organization of Petroleum Exporting Countries (OPEC), the producer group that pumps more than a third of the world’s oil. It will meet next on December 4 in Vienna to decide whether to adjust its output target………………………………………..Full Article: Source


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