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.

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, ...

BEIJING, March 19: Kuwait’s Assistant Foreign Minister for Asian Affairs Sameh Hayat met with Assistant Minister of the International Department of the Central Committee of the Communist Party of ...

MOSCOW, March 19 (Reuters) - Oil exports via the Caspian Pipeline Consortium pipeline have been set at 1.7 million barrels per day, or around 6.5 million metric tons, for April, in line with the ...

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 ...

Brazilian oil and gas firm Brava Energia has signed a contract with Shell Western Supply and Trading, Shell’s subsidiary, for the sale of oil from the Atlanta field, offshore Brazil. Brava Energia ...

PETALING JAYA: A unit of Malaysian oil and gas giant Petroliam Nasional Bhd (PETRONAS) has sued South Sudan for allegedly blocking a sale of its assets for US$1.25bil and instead taking over that ...