Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.

By Mahmoud ZakariaThe name “Kuwait” is derived from the diminutive form of the word “kout”, which means a square-shaped house resembling a fortress or a castle near the water. The name was inspired by ...

Kuwait Amir Sheikh Sabah Al-Salem Al-Sabah issues a decree for establishing an information consultative council. 1974 -- Kuwait wins the third GCC soccer tournament. 1991 -- Fire at the burning oil ...

WASHINGTON: Kuwait’s Ambassador to the United States Sheikha Al-Zain Al-Sabah met US Secretary of Commerce Howard Lutnick on Wednesday, emphasizing the deep and longstanding partnership between Kuwait ...

Secretary of State Marco Rubio was visiting Guyana amid ExxonMobil’s oil production there. Venezuela has asserted claims to a ...

Many economists pointed out that the speech of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah on the occasion ...

KUWAIT: Kuwaiti oil price rose 81 cents to USD 75.87 per barrel in Tuesday's trading compared to Monday's USD 75.06 pb, reported Kuwait Petroleum Corporation (KPC) on Wednesday. In global markets, ...

They discussed ways to enhance the distinguished strategic relations between Kuwait and China in all fields. Ambassador Hayat emphasized, in a statement to KUNA, the uniqueness of the bilateral ...

but is struggling to convince U.S. and European oil companies that operate giant oil fields in the country. Sources told Reuters previously that March CPC Blend oil loading continued in line with ...

Kuwait and China signed a military cooperation agreement. 2016 -- Kuwait Oil Company declared discovery of a new oil field in Al-Jathatheel in western Kuwait. 2020 -- The National Assembly approved a ...

for the sale of oil from the Atlanta field, offshore Brazil. Brava Energia said the contract provides for flexible conditions that allow the sharing of logistical and operational gains with the ...