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Kuwait minister affirms support to efforts for stability of global oil markets, state news agency says

ReutersMay 28, 2025 7:18 PM

CAIRO, May 28 (Reuters) - Kuwaiti Minister Tariq Suleiman Al-Roumi affirmed on Wednesday the Gulf country's support to ongoing efforts to bolster the stability of global oil markets, the state news agency said.

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July.

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