Kuwait: No everyone on board for 9 months
KUWAIT CITY: Kuwait’s oil minister said yesterday global oil producers would discuss at the meeting this week whether to extend output cuts for six months or nine months, because not all were on board for nine.
“We have agreed on the six months. Some of the countries have agreed to six months subject to a revision in November for an additional three months,” said Essam al-Marzouq before heading to Vienna for the meeting.
“From what I have heard, some of the press releases, the Iraqi and Iranian ministers have declared that they prefer six months,” he said.
“For nine months not everybody (is) on board.” Reuters