Talks for extension of OPEC output pact ongoing - Kuwait OilMin

Kuwait’s Oil Minister Essam Abdulmohsen Al-Marzouq, as quoted by LiveSquawk, said that he expects extension of the OPEC's production cut agreement and talks were already ongoing. 

He was also noted saying that there is a noticeable increase in compliance from non-OPEC nations with the pact to cut output.

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