April 10, 2020 / 2:17 AM / 2 months ago

Mexico delays oil output deal reached by OPEC+ - Kuwait oil minister

FILE PHOTO: Kuwait's Oil Minister Khaled Ali Al-Fadhel arrives at the OPEC headquarters in Vienna, Austria December 6, 2019. REUTERS/Leonhard Foeger

CAIRO (Reuters) - Kuwait’s oil minister, Khaled al-Fadhel, said Mexico has delayed the agreement reached by OPEC+ to cut oil output by 10 million barrels per day (BPD) which was agreed in a meeting held on Thursday.

“Kuwait held marathon talks in the past days ... to create a state of consensus among the member states in the hope of rebalancing oil markets,” al-Fadhel said early Friday in a post on Twitter.

Reporting by Samar Hassan; Editing by Himani Sarkar

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below