Is the purpose of the venture merely to secure a market for selling naphtha? If so, does this imply that KPC’s marketing ...

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices.

Crude oil prices declined by around 1.5 percent on Friday, erasing nearly all the gains registered the previous day, as ...

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming ...

A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...