Market

Kuwait reiterates support to world oil market stability

KUWAIT, Oil Minister and Minister of Electricity and Water Bakheet Al-Rashidi on Wednesday reaffirmed Kuwait’s support to the efforts by the Organization of the Petroleum Exporting Countries( OPEC) member states as well as non-OPEC producers to bring back stability to the world market through cooperation.

Kuwait will work in cooperation with other major OPEC, and non-OPEC producers to mitigate the impact of any potential shortage in the world’s oil supplies, to serve interests of both producers and consumers, and to support stability of the market, the minister told KUNA.

Source: Kuwait News Agency