KUWAIT CITY (AFP) — Kuwait said on Sunday it sees no reason for the Organization of Petroleum Exporting Countries to hike oil output during a meeting of the 12-nation body in Vienna this week.

""There is no real significant justification to change what we are producing now,"" Acting Oil Minister Mohammad al-Olaim told reporters before leaving for Tuesday's meeting in the Austrian capital.
""Up till now we don't think there are essential reasons that (an) increment should be there,"" he said.
Olaim said the recent rise in crude prices was ""related to geopolitical reasons and to shortage of refining capacity"" in consumer countries.
""It is not really related to demand problems,"" he said.
The oil organization is under pressure to raise output to dampen crude prices.
Last Thursday, oil prices in New York tested their record level of 78.77 dollars per barrel, reached on August 1, while in London a barrel of Brent was trading at about 75 dollars.
At its last regular meeting in March, OPEC decided to keep its official production quota at 25.8 million barrels per day (bpd).
OPEC president and United Arab Emirates Energy Minister Mohammad bin Dhaen al-Hamli also said on Sunday that current oil supplies were sufficient.
He said OPEC members are producing an estimated 30 million bpd and have a spare output capacity of about four million bpd expected to last until the end of the year