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/biz/ - Business & Finance

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>> No.18571316 [View]
File: 145 KB, 1280x829, 1280px-F-14A_VF-114_over_burning_Kuwaiti_oil_well_1991.jpg [View same] [iqdb] [saucenao] [google]
18571316

In addition, Kuwait had been producing oil above treaty limits established by OPEC. By the eve of the Iraqi invasion, Kuwait had set production quotas to almost 1.9 million barrels per day (300,000 m3/d), which coincided with a sharp drop in the price of oil.

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