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Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay

2016-04-17 22:42:33| Oil & Gas - Topix.net

Kuwait's crude production tumbled by 60 percent and its refineries scaled back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike. The OPEC member's production dropped to 1.1 million barrels a day, Saad Al-Azmi, deputy chief executive for finance and spokesman at Kuwait Oil Co., said in posts on Instagram and Twitter on Sunday when workers walked off the job.

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