Kuwait wants to maintain dialogue between OPEC and non-OPEC oil producers

Comments from Kuwait’s acting oil minister hit the wires via Reuters, citing that Kuwait is prepared to discuss oil output levels with the OPEC and non-OPEC oil producers.

Key Quotes:

Kuwait wants to maintain dialogue between OPEC and non-OPEC oil producers

Wants fair oil price for producers and consumers

Expects understanding between oil ministers in Vienna on candidate for next OPEC sec gen

Both crude benchmarks are down -0.80% as focus now remains on the latest OPEC meeting, which begins tomorrow 2 June in Vienna.