Kuwait Supports OPEC+ Plan to Up Crude Production

Kuwait supports the plan to increase global oil supply which has been already agreed by OPEC+, the group formed by the Organization of Petroleum Exporting Countries and its allies, the nation's oil minister Mohammad Abdulatif al-Fares said on Monday, according to state news agency KUNA.

The plan, which provides for a monthly increase of 400,000 barrels per day, ensures adequate crude supply to balance the global market, he said.