Kuwait’s oil production expected to reach 2.628 million bpd in June, state media reports

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Kuwait is set to increase its oil production to 2.628 million barrels per day in June, with backing from recent OPEC+ agreements. This marks a continuation of incremental increases in output targets for member countries.

Kuwait’s oil production is projected to reach 2.628 million barrels per day in June, the state news agency reported, citing the country’s oil minister. Earlier in the day, seven OPEC+ countries agreed that they will increase oil output targets by 188,000 barrels per day in June, marking the third consecutive monthly increase. The output targets ...