Oil Minister: Kuwait's production to rise to 2.676 million barrels per day in September
Oil Minister Tariq Al-Roumi affirmed that Kuwait continues to support the approach of consultation and coordination within the OPEC+ alliance through its subordinate committees, based on the conviction that collective action forms the fundamental pillar for maintaining oil market balance and responding flexibly to changes in energy markets. This statement was made by Minister Al-Roumi, as reported in a press release from the Ministry of Oil following his chairing of the Kuwait delegation participating in the meeting of the seven countries involved in the phased exit from the voluntary production cuts agreement, and the 67th meeting of the Joint Ministerial Monitoring Committee (JMMC), both held via video conferencing.
Al-Roumi renewed confidence in OPEC+’s ability to respond to market changes in a way that supports supply security and global market stability, noting that these meetings take place within the framework of continuous coordination among participating countries to monitor oil market developments and assess supply and demand conditions amid ongoing threats to strategic shipping lanes and in line with accelerating geopolitical changes.
He praised the decision of the seven countries to continue the phased exit from voluntary production cuts, completing it by increasing total production by 188,000 barrels per day starting in September 2026. He emphasized that this decision aligns with the gradual and balanced approach adopted by participating countries, based on a precise reading of oil market indicators, and contributes to achieving a balance between supply and demand while supporting global market stability.
He clarified that Kuwait’s production will rise to 2.676 million barrels per day in September, reflecting Kuwait’s full commitment to the collective decisions issued by OPEC+ and their implementation according to approved schedules.
He added that with the completion of the exit from the voluntary production cuts agreement, consensus was reached to continue holding monthly meetings to monitor oil market conditions and energy security, and to adopt appropriate strategies, with the next meeting scheduled for Sunday, September 4, 2026.
The Kuwaiti delegation participating in the meeting included, in addition to Minister Al-Roumi, Kuwait’s Governor to OPEC Mohammed Al-Shatti and Kuwait’s National Representative to OPEC Sheikh Abdullah Al-Salim Al-Jaber Al-Sabah.
