Kuwaiti Oil Minister: 'OPEC Output Cut Compliance at 140%'
Kuwaiti Oil Minister: 'OPEC Output Cut Compliance at 140%'
Kuwait - QNA
Kuwait Oil Minister and the Minister of Water and Electricity Essam Al-Marzouq affirmed on Thursday that OPEC's compliance with its oil output cut have reached around 140 percent in February, Kuwait News Agency (KUNA) reported.
Al-Marzouq said in a statement to Al-Rai newspaper that non-OPEC members' compliance was between 50-60 percent.He attributed OPEC's percentage to deep production cuts by Saudi Arabia, an act aimed at increasing confidence in the output reduction agreement reached late in 2016.
Kuwait is scheduled to host a ministerial meeting on March 26 comprising both OPEC and non-OPEC members to review compliance with the output agreement, he added.Al-Marzouq said that the oil ministers of Saudi Arabia, Russia, Kuwait, Oman, Algeria, and Venezuela will attend the meeting, along with the OPEC's Secretary General.
Source: QNA
- Thursday ,22 November GMT 11:43 2018 Kuwait calls for digitising Arab resolutions on trade, GCC legislations
GMT 11:43 2018 Thursday ,22 November
Kuwait calls for digitising Arab resolutions on trade, GCC legislationsGMT 23:03 2018 Thursday ,11 October
Kuwait committed to United Nations SDGs2030GMT 15:23 2017 Tuesday ,12 December
Kuwait strikes $42.5 m loan agreement with EgyptGMT 00:32 2017 Friday ,06 October
Kuwaiti oil price down 49 cents to USD52.71 per barrelGMT 23:07 2017 Sunday ,01 October
Kuwait expects to seal new deals to supply oil to Chinese buyers
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 05:18 2017 Sunday ,18 June
Funds pull back from Permian as US shale oil firms go into overdrive
GMT 17:55 2017 Tuesday ,14 March
Emperor of Japan Meets Custodian of the Two Holy Mosques
GMT 03:28 2018 Tuesday ,09 January
Dior Paris fashion exhibition breaks
GMT 21:23 2017 Friday ,28 July
US State Secretary arrives in Kuwait
GMT 23:54 2017 Wednesday ,27 September
DEWA to give away great prizes during GITEX 2017
GMT 19:22 2017 Thursday ,05 October
PM confers with AFDB delegation on ways
GMT 12:56 2017 Friday ,20 October
Facebook joins effort to boost newspaper subscriptions
GMT 14:52 2017 Thursday ,19 October
Goalkeeping gaffe hands Man Utd win
GMT 12:48 2018 Monday ,15 October
Trump says he "doesn’t trust" everyone in White House
GMT 14:42 2018 Wednesday ,26 September
Ukrainian leader stumbles into Russian delegation’s room
GMT 07:46 2018 Wednesday ,26 September
HRH Premier to address UN high-level health meetings
GMT 21:22 2016 Thursday ,17 March
Appeal before Israeli Supreme Court to set date for handing over bodies of 13 martyrs
GMT 02:17 2018 Tuesday ,23 January
HRH Premier deputises Education Minister to attend graduation ceremony
GMT 13:50 2017 Wednesday ,27 December
WAM to launch ‘Kids' Bulletin
GMT 12:36 2017 Sunday ,05 February
Nadia Murad calls Trump for not closing his country
GMT 19:44 2015 Monday ,06 July
David Walliams and Jessica Raine to star in 'Agatha Christie'
GMT 22:50 2017 Saturday ,22 April
Syria's ruling party changes half leadership members
GMT 03:59 2017 Tuesday ,24 October
N. Korea seen suffering post-test trouble in Punggye-ri site
GMT 13:12 2017 Wednesday ,03 May
Tanzania extradites three suspected drug traffickers to US
GMT 14:26 2017 Friday ,13 October
UAE’s first hydrogen station opened
GMT 16:16 2017 Thursday ,23 February
Argentine, Spanish leaders discuss how to boost ties
GMT 23:16 2017 Friday ,29 September
Board of Grievances: Saudi Arabia heading toward achievement
GMT 23:42 2017 Friday ,06 October
Libyan MPs demand apology from Johnson over dead bodies remark
GMT 20:09 2017 Thursday ,20 July
Trump ends CIA arms support for anti-Assad Syria rebels
GMT 02:19 2017 Thursday ,02 February
Omani banks face profitability pressures from slower economy
GMT 10:47 2017 Saturday ,23 September
Death of Akef, man who transformed Egypt's Muslim Brotherhood
GMT 08:54 2017 Monday ,29 May
Vaccination date for Haj pilgrims in Oman extended by Ministry
GMT 14:09 2017 Thursday ,02 November
Tillerson touts US-India partnership on South Asian tour
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor