oil
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Business
Oil demand to exceed ‘pre-virus’ levels – IEA
Kamel Al-Harami OUT of the blue, the International Energy Agency (IEA) has started asking oil producing countries to pump more…
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Business
Oil prices on the rise as supply improves slowly
THE oil picture today is one of the best, with the best maestro managing every move and fine tuning along…
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Business
Oil companies in need of new facelift
In a single day last week, three major international oil companies faced one court case and two boardroom battles, all…
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Business
Bad news for oil sector … Iran is coming
OIL prices will soon start weakening, and OPEC-Plus will have to make necessary adjustments in consideration of the lifting of…
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Business
Work to begin on well after deal
Talks with Malaysia on: KUFPEC KUWAIT CITY, May 10: The CEO of the Kuwait Foreign Petroleum Exploration Company (KUFPEC) Sheikh…
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Business
Oil recovery has to wait
WITH the number of COVID-19 cases in India reaching high figures of about 400,000 per day, and with i n…
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Business
Creativity needed to develop our oil fields
KUWAIT’S oil industry is neither short of money nor approvals at various levels. Nevertheless, it is stuck and cannot move…
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Business
‘Comprehensive salary’ to reduce dependency on oil revenues vital
Gulf economies to be exposed to risk of increasing turmoil KUWAIT CITY, April 6: Oil revenues constitute the lion’s share…
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Business
OPEC+ agrees to pour more oil into market
AT the OPEC meeting on Thursday, the Saudi oil minister warned about the “rough sea” and that it is still…
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Business
$75/bbl is bare minimum to pay salaries in Kuwait
IN ORDER to meet our government’s annual salary of KD 16 billion, the oil price should reach $70 on a…
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