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The reduction of OPEC+ quotas in May will probably have consequences on the Saudi-Kuwaiti shared Neutral Zone oil production, as it is ready to provide a significant source of the two countries' additional allowed output. Starting from May, Saudi Arabia's cap will rise by 376,000 b/d, while Kuwait will see its quota increase 96,000 b/d.

Easing OPEC+ output cuts may unshackle Saudi-Kuwaiti Neutral Zone oil production

The reduction of OPEC+ quotas in May will probably have consequences on the Saudi-Kuwaiti shared Neutral Zone oil production, as it is ready to provide a significant source of the two countries’ additional allowed output. Starting from May, Saudi Arabia’s cap will rise by 376,000 b/d, while Kuwait will see its quota increase 96,000 b/d.

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