The government has approved the budget for the next fiscal year starting from April 1, with total revenues estimated at KD 18 billion and total expenses at KD ...

KUWAIT: Oil prices fell in 2024, weighed down by concerns over the robustness of global oil demand growth amid weak economic activity in China especially and burgeoning non-OPEC+ supply led by output ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

KUWAIT CITY, Feb 6: In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the budgets of Gulf countries, including Kuwait, oil and ...

The price of Kuwaiti oil went down by 49 cents to USD 83.09 per barrel (pb) on Tuesday, compared with USD 83.58 pb the previous day, said the Kuwait Petroleum Corporation (KPC) on Wednesday. At the ...

KUWAIT, Feb 4 (KUNA) -- The Kuwaiti crude oil price dropped 38 cents during Monday's trading to reach USD 79.41 per barrel (pb), compared with USD 79.79 pb the day before, Kuwait Petroleum Corporation ...

Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The "Oil Refining Industry in Kuwait 2025" report has been added to ResearchAndMarkets.com's offering. This report is a complete source of information on ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

OPEC producer Kuwait is planning to pump two billion Kuwaiti dinars ($ ... initiatives to develop industries involving pipelines and other products related to the oil and gas sector in a bid to lessen ...

These include burning oil fields, a reminder of the 700 Kuwaiti ... clearly struck a nerve in Kuwait, still healing from the ...