Opec to boost oil production

Opec will increase the cartel’s oil production by one million barrels a day to meet the global demand for oil, Kuwait’s oil minister said today.

Opec will increase the cartel’s oil production by one million barrels a day to meet the global demand for oil, Kuwait’s oil minister said today.

Sheik Ahmad Fahad al-Ahmad al-Sabah said in Vienna that the cartel agreed to the decision to raise output by nearly 4% from November 1.

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