oil
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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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Business
Oil prices drop for the fifth week amid future contract selling
KUWAIT CITY, Nov 26: Oil prices went down for the fifth consecutive week due to an increase in the selling…
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Business
Kuwait witnesses 2.3% drop in oil & gas sector financing in ’23
KUWAIT CITY, Nov 6: In the first nine months of 2023, financing provided by local banks to the oil and…
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Business
New barrels will be flowing!
Two potential OPEC+ members are likely to pour more oil into the market. They are Venezuela and Iran, which are…
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Business
Experts ‘underline’ need for increased investment in Kuwait oil and gas sector
KUWAIT CITY, Oct 15: Statements made by the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais,…
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Business
The mother of all oil deals @ $60 billion
$60 billion was the price that Exxon-Mobil paid Pioneer to acquire about 1.3 million barrels per day of equivalent oil…
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Business
How low will the oil price go?
The oil price has dropped more than $6 per barrel in one day from its high of $92 to $84…
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Business
Fueling the Future: Kuwait’s $22.4 Billion Commitment to Oil & Gas
KUWAIT CITY, Oct 2: The “Oil and Gas Report in the Middle East and North Africa – MENA 2023-2024” revealed…
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Business
Will pass on price hike to the final consumers
OIL prices are heading towards the ultimate level of $100 per barrel. When it does, everybody will feel it. There…
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