Kuwait’s fiscal deficit is projected to average 8.9% of GDP between 2025 and 2028, a significant increase from the estimated 2% in 2024, according to S&P Global Ratings. This deterioration is ...

KUWAIT, June 1 (KUNA ... of the fundamentals of the oil market based on indicators such as the decrease in oil inventories. He added that the member countries have clearly shown a desire to adopt ...

KUWAIT -- Kuwait oil price rose by 92 cents to USD 65.01 per barrel on Thursday vis a vis USD 64.09 on Thursday, Kuwait Petroleum Corporation (KPC) said on Friday. In international markets, the Brent ...

(Kyodo) TOKYO (Kyodo) -- Japan and Kuwait agreed Thursday to cooperate on energy, especially stable oil supplies, and work toward regional peace in the Middle East, under their "comprehensive ...

The governments of Saudi Arabia and Kuwait have revealed that Wafra Joint Operations has made an oil discovery in the North Wafra Wara-Burgan field. The field is situated 5km north of the existing ...

For the past 13 holiday seasons, a towering 45-foot Christmas tree has graced the lawn of the Kerr County Courthouse, lighting up the season for locals and visitors alike. But after years of ...

A new oil discovery has been made in the Partitioned Zone jointly managed by Saudi Arabia and Kuwait, according to an official statement carried by the Saudi Press Agency (SPA). The find, located in ...

Saudi Arabia and Kuwait announced a new oil discovery on Tuesday in the divided zone between the two countries, marking the first such find since production resumed in the area in 2020. Located about ...

Saudi Arabia and Kuwait said they have made a ... with flows of crude oil from the reservoir “exceeding 500 barrels per day”, the state news agency SPA reported on Monday. The well is five kilometres ...

The governments of the Kingdom of Saudi Arabia and the State of Kuwait announced ... Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 ...

A Santa Ynez Unit offshore oil platform as seen from El Capitán State Beach in southern Santa Barbara County. Credit: Giana Magnoli / Noozhawk file photo Sable Offshore Corp. announced that it ...

KUWAIT -- The price of Kuwaiti oil went up by 70 cents to USD 65.36 per barrel on Tuesday as opposed to USD 64.66 per barrel the day before, said the Kuwait Petroleum Corporation (KPC) on Wednesday.