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Kuwait News Agency (KUNA) is reporting remarks from Kuwait oil minister  with key quotes, via Reuters, found below.

  • There are still no specific scenarios for raising or lowering production ceiling.
  • OPEC and other producers will at upcoming meeting take appropriate decision to maintain oil market stability.
  • OPEC and non-OPEC producers not discussing oil price levels, but rather production levels, realizing market stability and preventing price fluctuations.