Saudi Arabia, Russia, Iraq, UAE and others reviewed global market conditions and decided to raise collective output by 411,000 barrels per day, starting in May.

Oil-rich Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged ...

"Tomorrow's meeting is just to make the new Kazakhstan minister aware of the importance of meeting his required production and compensating for the surplus," one of the delegates said. Both declined ...

Oil prices rose on Thursday as markets assessed the risks of the escalating trade war, coinciding with concerns over ...

with discussions ongoing for a third rig in Kuwait. Additionally, Abraj has been qualified for cementing services with Kuwait ...

Oil vigilantes ... is a concept suggesting that when challenges arise and oil prices plummet, the OPEC alliance will ...

Citi’s analysis from the previous year estimates that approximately 80 additional gas rigs will be necessary to satisfy an ...

Discover how to navigate market volatility and earn up to 11% yields. Click for our strategy in turbulent times and how we ...

KUWAIT, March 21 (KUNA) -- Kuwaiti oil price rose 98 cents to USD 75.71 per barrel in Thursday's trading compared to Wednesday's rate of USD 74.73 pb, reported Kuwait Petroleum Corporation (KPC) on ...

KUWAIT, March 20 (KUNA) -- Kuwait oil price dropped by USD 1.14 to USD 74.73 per barrel in Wednesday's trading compared to Tuesday's rate of USD 75.87 pb, Kuwait Petroleum Corporation (KPC) said on ...

ADNOC Drilling Company PJSC has confirmed shareholder approval for all agenda items at its Annual General Meeting, including the distribution of its final cash dividend for 2024. The company reported ...

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