Kuwait’s oil production is set to return to normal in three days after thousands of striking workers returned to their jobs Wednesday. OPEC’s fourth-largest producer will boost output to an average of 3 million barrels a day in three days, according to a statement from Kuwait Petroleum Corp. on Wednesday. Output was 1.5 million barrels a day on Tuesday compared with 1.1 million on Sunday. Oil refineries are still operating at about 520,000 barrels a day, Khaled Al-Asousi, spokesman at state refiner Kuwait National Petroleum Co., said in a text message. Plants had been operating at that rate, less than 60 percent of capacity, since the strike began on Sunday. The 13,000 members of the Oil & Petrochemical Industries Workers Confederation went on strike to protest cuts in pay and benefits as Middle Eastern crude exporters reduced subsidies and government handouts to cope with falling oil prices. A global […]