Kuwait denies there have been talks on OPEC+ oil output hike

Kuwaiti oil minister says his country is keen to maintain stability and balance in oil markets.
Tuesday 22/11/2022
Kuwait's oil minister
No discussions

DUBAI – Kuwait’s oil minister Bader Al Mulla on Tuesday denied reports that there have been discussions to increase oil production at the next OPEC+ meeting, state news agency KUNA reported.

Kuwait is keen to maintain stability and balance in oil markets, the agency quoted Mulla as saying.

Saudi Arabia and the United Arab Emirates have also denied a Wall Street Journal report saying an output increase of 500,000 barrels per day was under discussion for the next OPEC+ meeting on Dec. 4.