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Kuwait says committed to Doha oil deal

KUWAIT, February 17, 2016

Kuwait is committed to an agreement between top exporters Russia and Saudi Arabia to freeze output provided other producers back it, Kuwait's acting Oil Minister Anas al-Saleh said.

"Kuwait welcomes the Doha deal ... and confirms its commitment to what was agreed - to freeze production according to January 2016 levels - ... provided that the main producers from Opec and outside Opec are committed to it," he said in a statement.

He said he hoped the agreement would provide a positive atmosphere to support oil prices and balance the oil market. – Reuters




Tags: Kuwait | oil production | Doha deal |

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