Africa News Kuwait oil minister: We support extending OPEC cuts in...

Kuwait oil minister: We support extending OPEC cuts in second half

-

- Advertisment -

According to Reuters, Kuwait’s oil minister Khaled al-Fadhel told state-run Kuwaiti News Agency KUNA that they will support extending OPEC oil cuts in the second half of the year.

Similarly, Iraqi oil minister earlier in the day stated that they were working towards a rollover of the OPEC oil output cut pact. 

The barrel of West Texas Intermediate, which jumped to its highest level since late May near $60 on Wednesday, was last seen trading at $58.75, erasing 0.7% on a daily basis.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Dubai Watch Week 2019 kickes off its Fourth Edition

Dubai Watch Week is back for its fourth year, and it’s certainly the biggest and best yet. The event...

20 winners get a free trip to Dubai in the Peak Breakfast Promo

In order to promote healthy breakfast culture in Nigeria, Peak Milk, the flagship brand from dairy giant, FrieslandCampina WAMCO...

Côte d’Ivoire : La visite d’Emmanuel Macron prévue les 10 et 11 décembre reportée

La visite du président Français, Emmanuel Macron en Côte d’Ivoire, prévue les 10 et 11 décembre 2019 a été...

Morocco Eyes Lowest Borrowing Cost in Return to Euro Market

RABAT (Capital Markers in Africa) – Morocco is targeting its lowest euro-borrowing costs ever as it returns to...

Objectif ”Faim zéro en Côte d’Ivoire” : La FAO présente les résultats de ses actions au SARA 2019

Durant 10 jours, du 22 novembre au 1er décembre 2019, aura lieu le Salon international de l'agriculture et des...

Dubai Airshow 2019: 95 Boeing aircraft sold at more than $17.4 billion

During the 2019 edition of the Dubai Airshow, Boeing announced orders for 95 commercial airplanes, valued at more than...

Must read

Dubai Watch Week 2019 kickes off its Fourth Edition

Dubai Watch Week is back for its fourth year,...

20 winners get a free trip to Dubai in the Peak Breakfast Promo

In order to promote healthy breakfast culture in Nigeria,...
- Advertisement -

You might also likeRELATED
Recommended to you