GCC
OPEC cannot cut alone when others are raising output says Kuwait

Kuwait’s OPEC governor Nawal Al-Fuzaia said that OPEC cannot cut its oil output alone when other producers from outside the exporting group are raising their supplies. He stated that but both sides should work together to stabilise the oil market, while speaking at an energy forum in Kuwait.
“Look at the Russian production, how it is increasing from last year, look at the United States they are releasing crude oil exports while the prices are declining, and look at the others like Latin America, all are looking to increase their production. So OPEC is looking for the cooperation,” he stated.
Brent broke below $30 a barrel in Asian trade on January 26.
-
News2 months ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
OER Magazines1 month ago
Dossier – ToP 25 Personalities 2025
-
Dossier1 month ago
Arabic Dossier – ToP 25 Personalities 2025
-
Banking & Finance2 months ago
Strong Performance and Strategic Approach: ahlibank announces Its Financial Results for the First Half of 2025
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, August 25
-
News1 month ago
xAI Open-Sources Grok 2.5, Signaling Accelerated AI Push
-
Economy2 months ago
Najla Zuhair Al Jamali Appointed President of bp Oman
-
News2 months ago
Ooredoo Wins Silver Stevie® Award for Diversity and Inclusion Excellence
You must be logged in to post a comment Login