Kuwait Oil Tankers Company on Sunday categorically denied that one of its tankers had sunk.
The company, in a statement carried by the Kuwait News Agency, dismissed as totally false social media reports that one of its tankers had sunk off Oman.Read more
Kuwait oil price retreated by USD 1.05 to settle at USD 36.97 per barrel Tuesday compared to USD 38.02 pb the day before, said Kuwait Petroleum Corporation (KPC) Wednesday.
At the world markets level, the price of crude went up by more than two percent in Tuesday's trades after the price was down over USD 4 per barrel within aRead more
The price of Kuwait oil went up by 1.25 to reach USD 44.12 per barrel Wednesday after being at USD 42.87 per barrel the day before, said Kuwait Petroleum Corporation (KPC) Thursday.
The rise of crude oil prices in world markets, significantly during Wednesday's trading, came following the US Energy Agency report that showed a larger-than-expected weekly drawdown in crudeRead more
The price of Kuwait oil went down 22 cents to settle at USD 44 per barrel on Wednesday as opposed to USD 44.22 per barrel last Tuesday, said Kuwait Petroleum Corporation (KPC) Thursday.
International markets also saw a decline of the Brent mix for 86 cents to reach USD 48.97per barrel, so as did the American crude, shedding 48 centsRead more
The price of Kuwait oil went down USD 1.03 to settle at USD 44.72 per barrel (pb) on Monday as opposed to USD 45.75 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.Read more
Price of Kuwait's crude oil went down 91 cents on Tuesday to USD 31.01 per barrel against USD 31.92 pb last Monday, Kuwait Petroleum Corporation said on Wednesday.
Kuwait News Agency, KUNA, says that in international markets, there is a positive indicator on the planned agreement between the oil-producing countries from inside and outside of OPEC to freeze production atRead more