Singapore-The Middle East sour crude complex is likely to come under selling pressure on news of Kuwait and Saudi Arabia agreeing to restart production from the 300,000 b/d offshore Khafji oil field, but the market was slow to react Wednesday in the absence of a clear timeline for the resumption. Analysts say the plan to resume production in the Saudi-Kuwait neutral one field also raises a broader question on the commitment of some major oil producers to freeze output to support prices.
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