| Kuwait producing 29m bpd |
| Monday, 24 October 2011 00:33 | |||
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Kuwait: Mohammad al-Busairi, Kuwait's oil minister has said the Gulf country is producing 2.9 million barrels of oil per day and described current oil prices as "reasonable for the consumer and for production levels," Reuters has reported. Additional oil pumped into the market by Saudi Arabia and Kuwait had helped lower prices from levels in June, after they were pushed up by fighting in OPEC producer Libya, he said. [AMEInfo.com]
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