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Kuwait Stands To Benefit From New OPEC+ Allocation System

Oil & Gas / Kuwait / Tue 25 Jul, 2023

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  • OPEC+ cuts agreed in the year to date are set to weigh on Kuwait’s oil production in the near term.
  • However, the group’s recent decision to introduce a new quota allocation system stands to potentially benefit Kuwait over the medium term, as the country’s production capacity is finally set to increase after years of declines and
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