Compliance with oil output reduction pact 'very good': Kuwait

Reuters  |  VIENNA 

VIENNA (Reuters) - Kuwaiti Minister Essam al-Marzouq said on Thursday that compliance with OPEC-led output cuts was "very good" and above 100 percent.

"It is very good, better than last month," he said.

He also said that ministers were not yet discussing extending a deal which currently calls for producers to reduce output by 1.8 million barrels per day until March 2018.

(Reporting by Alex Lawler; editing by Jason Neely)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 21 2017. 17:22 IST