04/05/2026 04:52 AST

Kuwait's oil production is expected to reach 2.628 million barrels per day in June, the state news agency (KUNA) quoted the country's oil minister as ?saying on Sunday.

Seven ?OPEC+ countries will raise oil output targets by 188,000 barrels per ?day in June, the third consecutive monthly increase, OPEC+ said in a statement after an online meeting.

The output targets are largely symbolic ?for ?now, as Gulf countries have had to curtail production while the Strait of Hormuz is shut during the Iran war.


Asharq Al Awsat

Ticker Price Volume
(In US Dollar) Change Change(%)
Brent 100.25 -3.12 -3.02
WTI 94.72 -2.94 -3.01
OPEC Basket 106.46 -5.8 -5.17
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