Kuwait is boosting its crude output this month despite falling prices, people familiar with the matter said Thursday. Oil prices have declined sharply over the summer, even falling below $100 a barrel this week. But members of the Organization of the Petroleum Exporting Countries have been split in their response to the price drop. While Saudi Arabia cut its production by 400,000 barrels a day in August, others are boosting their oil flows. Kuwait has increased its production to 2.9 million barrels a day this month, up 100,000 barrels a day from August, the people familiar with the matter said. It could rise to 3 million barrels a day next month, one person said. The output hike is to supply a 10-year deal signed last month by Kuwait with Sinopec Corp. The contract will nearly double Kuwait’s supplies to the Chinese oil giant to 300,000 barrels a day. […]