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Kuwait’s oil minister said that a joint oil ministerial monitoring meeting on Sunday would not discuss an exit strategy from current supply cuts.
Speaking to reporters on the sidelines of the event. Bakheet al-Rashidi said any discussion related to current agreement on cuts will done be in a meeting in June.
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
