KPC CEO Al-Sabah Says Oil Output Well Over 2M Barrels Daily
Kuwait Petroleum Corporation CEO Sheikh Nawaf Al-Sabah said that company told customers that it would do 'everything possible' to ensure shipments of crude would continue despite the closure of the Strait of Hormuz. Al-Sabah said that the company has been able to produce over 2 million barrels a day and is looking into future pipelines to move crude. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
