Kuwait oil strike in second day as output drops

Kuwait oil workers went on strike Apr. 17 over a government overhaul of the payroll system spawned by low oil prices.

Kuwait oil workers went on strike Apr. 17 over a government overhaul of the payroll system spawned by low oil prices (OGJ Online, Apr. 14, 2016).

Citing a Kuwait Oil Co. source, the Wall Street Journal and Bloomberg reported a crude oil production rate of 1.1 million b/d compared with a normal rate of about 3 million b/d.

The news agencies said three refineries operated by Kuwait National Petroleum Corp. were operating at about 520,000 b/d of their total processing capacity of 900,000 b/d.

Web sites for Kuwait Oil Co., KNPC, and Kuwait Petroleum Corp. did not have information Apr. 18 on the strike.

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