OPEC+ production cuts wise, legislation that could destabilize energy markets should be avoided - Kuwait oil minister

Kitco Media
By Reuters
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Updated:
Reuters
DUBAI, March 16 (Reuters) - Efforts by the Organization of Petroleum Exporting Countries and their allies, known as OPEC+, to stabilize oil markets through a unanimously agreed production cut were wise, Kuwait's oil minister Bader al Mulla told state news agency (KUNA) said on Thursday. Legislation that could destabilize energy markets and lower investments should be avoided, Mulla added without specifying further. (Reporting by Nadine Awadalla and Yomna Ehab, Writing by Clauda Tanios; Editing by Toby Chopra)

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