Kuwait will be taking a leadership role in monitoring the Organization of Petroleum Exporting Countries’ (OPEC) week-old production freeze deal, according to acting oil minister Anas al-Saleh, who said he would request the committee enforcing the agreement to host a meeting in the Gulf country by the end of the first quarter of 2017. “In my capacity… as head of the committee… I will call for a meeting of the first Monitoring Committee to take place in February or March 2017, ” Saleh’s most recent statement reads . “We will soon inform (our) customers that we will incorporate and apply a cut to their monthly contractual commitments and liftings in accordance with OPEC’s recent agreement. I am certain that such actions will contribute to the re-balancing of the market and assure stable markets.” The November 30th agreement to limit bloc-wide output to 32.5 million barrels per […]