Essam Al-Marzouq | Al Bawaba

Essam Al-Marzouq latest

Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)

July 24th, 2017 - 10:24 GMT

What to Expect From Today's OPEC, Non-OPEC Meeting?

Six OPEC and non-OPEC ministers today are due to discuss the market outlook and compliance with output cuts.

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)

May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

OPEC and non-OPEC countries signed a deal last November aimed at cutting production by 1.8 million barrels a day. (AFP/ Joe Klamar)

April 23rd, 2017 - 05:00 GMT

Oil prices stabilize as Saudi Arabia, Kuwait signal likely extension of oil output cut

Saudi Oil Minister Khaled al-Falih. (AFP/File)

February 2nd, 2017 - 01:00 GMT

Saudi, Kuwait look to new oil investments in US under Trump

Under the December 10 agreement, producers will lower output by nearly 1.8 million barrels per day (bpd) aiming to ease a global glut that has weighed on oil prices for more than two years. (AFP/Joe Klamar)

January 23rd, 2017 - 06:30 GMT

OPEC launches oil cut compliance committee

Yesterday’s protest followed a three-day strike over a new payroll system by national oil and gas workers last April. (AFP/File)

January 19th, 2017 - 10:00 GMT

Kuwait Oil Company workers protest plans for privatization