On Sunday, state news agency KUNA said that Kuwait Petroleum Corp. (KPC) plans to cut its crude output to commit with the oil output cut deal from the world’s major producers.
KPC is now coordinating with its global clients to support the country’s part in the Organization of Petroleum Exporting Countries and its non-member oil producers (OPEC+)’s 9.7 million bpd output cut deal for May and June.
