News On Crude
Demand On OPEC Crude Drops Seven Million Barrel A Day Due To COVID-19 OPEC said demand for its crude in 2020 has dropped by around 7 million a day to 22.4 million barrels a day compared with 2019 as a result of the COVID-19 pandemic. Demand for OPEC crude in 2021 will b... October 13, 2020 367 Category: Coronavirus
Kuwait Production Of Light Crude Currently Stands At 180,000 Bpd Kuwait’s production of light crude currently stands at 180,000 barrels a day, according to director of production operations and gas projects at the Kuwait Oil Company (KOC), Ali Al-Kandari, rep... December 30, 2018 486 Category: Business
Kuwait Says Light Crude Production Sits At 180,000 Barrels Per Day  Kuwait currently churns out around 180,000 barrels of light crude oil per day, in addition to half a billion cubic feet of free gas, state-run Kuwait Oil Company (KOC) said on Tuesday. Light ... December 26, 2018 401 Category: Kuwait
Price Spike Seen For Kuwait Light Crude Oil – Demand High On the occasion of Kuwait’s first light crude oil shipment, MP Osama Al-Shaheen praised all the concerned officials and employees for their efforts in making such a milestone possible; pointing ... November 09, 2018 673 Category: Kuwait
Kuwait Holds Ceremony To Mark First Light Crude Export Under the auspices of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Kuwait on Wednesday held a ceremony to inaugurate the Gulf state’s first shipment of light crude oil. Upon... November 08, 2018 380 Category: Kuwait
KPC Signs Contract To Supply Crude Oil To Chinese Oil Refinery Kuwait Petroleum Corporation (KPC) recently signed a contract for the supply of crude oil to a Chinese oil refinery, reports Al- Shahed daily. Managing Director for International Marketing at KPC W... November 01, 2018 479 Category: Business
Kuwait Stops Crude Export To US Bloomberg last week published brief news with reference to Kuwait’s decision to stop selling crude oil to the US market. This was picked up by other agents, and eventually everybody started spec... October 07, 2018 634 Category: Business
Kuwait Crude Price Around $65-75 Pb Until End Of 2018 Kuwait crude price to remain in the range of $65-75 pb until the end of 2018, an oil expert said Sunday. In an interview with KUNA, oil expert Dr Abdul-Samie’ Behbehani projected the Brent crude... July 09, 2018 606 Category: Economics
Congratulation Kuwait For Super Light Crude Oil Finally 72 years after the first cargo shipment of Kuwait Export Crude (KEC), Kuwait will begin exporting its super light crude oil with 48 API to the world from the end of this month. So far, Kuwait ... June 10, 2018 2762 Category: Economics
Kuwait Ahead In Gulf Region With 44.4 Billion-worth Projects Oil-rich governments are increasingly relying on the private sector in a key change across the Middle East and North Africa, a report said Wednesday. The value of public-private partnership (PPP) p... October 13, 2017 1454 Category: Kuwait
Kuwait Backs Call To Extend Oil Output Cuts Kuwait on Tuesday backed a call by top oil producers Saudi Arabia and Russia to extend a deal on crude production cuts for nine more months. "Kuwait gives its full backing and support to the j... May 16, 2017 939 Category: Kuwait
KPC And Tupras Signed A Deal With Kuwaiti Crude Oil Kuwait Petroleum Corporation (KPC) and Turkish Petroleum Refineries Corp. (Tupras) signed a deal to provide the latter with Kuwaiti crude oil, KPC announced in statement on Thursday. This strategic... April 28, 2016 1095 Category: Kuwait
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