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KPC CEO: OPEC+ Oil Supply Hikes Suggest Tighter Market
Posted
July 9, 2025
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8:45Now PlayingKuwait Petroleum Corp. Chief Executive Officer Sheikh Nawaf Al-Sabah says the latest oil supply hike from OPEC+ as well as interactions with customers suggest that "demand growth is persistent." Speaking to Bloomberg's Joumanna Bercetche from the sidelines of the Organization of Petroleum Exporting Countries seminar in Vienna, Austria, Sheikh Nawaf says the market is seeing "some potential tightness."
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