oil
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Business
Market focus on two key factors influencing oil prices
KUWAIT CITY, Jan 2: The market focus is currently honed in on two pivotal factors influencing oil prices, with their…
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Business
Kuwait’s oil revenues for 9 months surpass 15.8 billion dinars, 92% of the budget
Kuwaiti oil prices exceed budgeted estimates, averaging $85 per barrel. KUWAIT CITY, Dec 27: As the conclusion of the fiscal…
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Business
Kuwait’s oil industry ‘grapples’ with challenges, striving for 2040 targets
KUWAIT CITY, Dec 21: Standard & Poor’s credit rating agency “S&P” said that Kuwait faces challenges to raise the production…
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Business
‘Kuwait’s sovereign rating stability relies on oil prices, fiscal reforms’
KUWAIT CITY, Dec 18: In a recent report, Standard & Poor’s (S&P) outlined that Kuwait’s sovereign rating stability is mainly…
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Business
Oil sector eyes leasing current oil and gas pipelines
KUWAIT CITY, Dec 7: The oil sector is gearing towards providing rapid liquidity estimated at KD1.116 billion without putting pressure…
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Business
Kuwait’s annual oil and gas financing faces 34.7% drop
KUWAIT CITY, Dec 6: In October, local bank financing for the oil and gas sector witnessed an extraordinary surge, increasing…
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Business
OPEC summit focuses on ‘balancing’ market
The OPEC meeting last Thursday ended with some uncertainty surrounding the future oil prices. From OPEC’s decision, it can be…
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Business
Oil prices may reach $100 a barrel next year
Goldman Sachs predicts oil prices could reach $100 a barrel in 2024. NEW YORK, Dec 2L In a recent report,…
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Business
Kuwait, UAE, Saudi, and Iraq Set to Slash Oil Production
KUWAIT CITY, Nov 30: Kuwait will implement a voluntary crude oil production cut of 135,000 barrels per day for three…
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Business
2046 vacancies for contractor contracts in the oil sector
KUWAIT CITY, Nov 27, (Agencies): In confirmation of the details published in the Nov 19, 2023 issue of “Al-Anbaa,” which…
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