Kuwait said it’s working with Saudi Arabia to resume oil production in the neutral zone between them that has been shuttered for at least four years.
saudi kuwait neutral zone oil production
Latest in saudi kuwait neutral zone oil production
crude production
Kuwait working with Saudis on resuming neutral zone oil output
The zone can produce as much as 500,000 barrels a day, equal to about 4% of the countries’ combined output last month
Crown Prince Mohammed bin Salman
Oil drops on Saudi assurance and hopes for US waivers on Iran
Saudi Arabia can tap its spare production capacity immediately to offset any declines in Iranian crude exports, the kingdom’s crown prince said in an interview
Crown Prince Mohammed bin Salman
Saudi prince sees deal with Kuwait to restart oil fields ‘soon’
The fields of Khafji and Wafra are located in Neutral Zone, a portion of the two countries’ border that has been undefined for almost a century
