CommoditiesAugust 2 at 05:11 AM

Kuwait lifts crude oil production in July to average 1.971 million bpd from 1.65 million in June, source says

StockNow breaking-news AI analysis

Kuwait's July oil production increased to 1.971M bpd as OPEC+ continues phasing out voluntary cuts following the reopening of the Strait of Hormuz, raising market oversupply concerns.

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