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Demand for oil is weak from major consumers in Asia, including China, Japan, and South Korea, with a reduction of more than 400,000 barrels per day....
KUWAIT CITY, July 6: Minister of Oil Al-Roumi reaffirmed on Saturday Kuwait’s full support for OPEC+ efforts aimed at enhancing the stability of international oil markets....
KUWAIT: Director of the Health, Safety and Environment Department at Kuwait Oil Company (KOC) Nasser Al-Buhairi emphasized the importance of bolstering security preparedness across the oil...
KUWAIT: The Ministry of Oil affirmed that nuclear radiation remains one of the most serious health and environmental challenges of the modern era, emphasizing Kuwait’s strong...
KUWAIT CITY, June 30: In preparation for the second phase of merging the subsidiaries of the Kuwait Petroleum Corporation (KPC), informed sources revealed that the executive...
FIn this Jan. 19, 2012 file photo, fishing boats are seen in front of oil tankers south of the Strait of Hormuz, offshore the town of...
NEW YORK, June 24, (AP): If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday afternoon in an historical move as...
KUWAIT CITY, June 18: Kuwaiti oil sector companies have successfully established an advanced cybersecurity system designed to protect the vital artery of the national economy. These...
KUWAIT CITY, June 23: The Central Agency for Public Tenders (CAPT) has extended the deadline for bids on a significant Kuwait Oil Company (KOC) tender. This...
KUWAIT CITY, June 1: The eight countries participating in the voluntary production reduction within OPEC+ are committed to market stability, considering the fundamentals pertaining to the...
