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Kuwait OPEC News. Service for global professionals. Constantly updated news and information about Kuwait.
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Latest Kuwait OPEC News

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  • OPEC basket price continues its rally for 3rd running day 30 Dec 2009 17:33 GMT
    ... VIENNA, Dec 30 (KUNA) -- Organization of the Petroleum Exporting Countries (OPEC) declared here on Wednesday that the basket ... (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sidar (Libya), Bonny Light ...

  • Kuwaiti crude at USD 75.79 30 Dec 2009 17:33 GMT
    ... KUWAIT, Dec 30 (KUNA) -- Kuwaiti crude oil ... stability of demand, offer, and stockpiles. The Organization of the Petroleum Exporting Countries (OPEC) said major issues including instability in the ...

  • Opec to Keep Oil Supply Steady, Price Holds Firm 29 Dec 2009 17:52 GMT
    ... Luanda — OPEC will almost certainly leave output targets unchanged ... and he sees no need for the Organization of the Petroleum Exporting Countries to adjust supply. Speaking on Sunday, other ... debate. Delegates also said the Iranian and Kuwaiti oil ministers would not be attending Tuesday's ...

  • Iraq to rival Saudi in OPEC oil stakes: analysts 28 Dec 2009 11:12 GMT
    ... A surge from Iraq's oilfields will occupy OPEC crude producers in coming years as the ... weaken the recovery in the oil market. Kuwait and others have also insisted they are not concerned by Iraq's prospective rise. But analysts ...

  • OPEC basket price spikes USD 1.53, settles at USD 74.24 pb 28 Dec 2009 12:52 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC) basket of 12-crudes went up by USD ... (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi ...

  • Kuwait shuts down Shuaiba refinery for 4 days 27 Dec 2009 13:10 GMT
    ... Kuwait shuts down Shuaiba refinery for 4 days KUWAIT CITY, Dec 26, 2009 (Xinhua via COMTEX ... of the Organization of Petroleum Exporting Countries (OPEC). The Gulf Arab emirate pumps around 2.3 ...

  • Kuwaiti crude at USD 74.49 29 Dec 2009 10:18 GMT
    ... KUWAIT, Dec 29 (KUNA) -- The Kuwaiti crude oil increased USD 2.80 in Monday's trading to settle ... USD 136 pb reached in July 2008. OPEC countries always announce that they seek a ...

  • Kuwaiti crude up 49 cents to USD 76.28 Wednesday -- KPC 31 Dec 2009 11:15 GMT
    ... KUWAIT, Dec 31 (KUNA) -- Kuwaiti crude oil went up 49 cents to come to USD 76.28 ... market. The Organization of Petroleum Exporting Countries (OPEC) seeks a 70-80 dollar range to meet ...

  • Kuwait closes Shuaiba refinery for 4 days: KUNA 27 Dec 2009 05:24 GMT
    ... OPEC oil exporter Kuwait has unexpectedly shut down its ageing 200,000-barrel-per-day Shuaiba refinery for four days but exports are not affected, state news agency KUNA ...

  • Kuwait's budget surplus at $22 bln in April-Nov 28 Dec 2009 12:01 GMT
    ... KUWAIT, Dec 28 - OPEC member Kuwait logged a budget surplus of 6.32 billion dinars in the first eight ...

  • Kuwait budget surplus at $22bn 28 Dec 2009 23:02 GMT
    ... Opec member Kuwait logged a budget surplus of 6.32bn dinars ($21.99bn) in the first eight months of its 2009-’10 fiscal year on higher than forecast ...

  • MIDEAST STOCKS - Factors to watch - Jan 3 3 Jan 2010 05:13 GMT
    ... does not vouch for their accuracy. * OPEC oil output hits 2009 high in Dec-Reuters ... 2010 growth at 6.1 pct [OM-ECI] * Kuwait's Global seeks s/holder nod for debt plan [GLOB.KW] * Bahrain end-Nov money supply up 3 ...

  • Energy markets prove buoyant 26 Dec 2009 15:30 GMT
    ... or durable the recovery might be An OPEC communique explaining the group’s decision this month ... its role as the OPEC swing producer. Kuwait scrapped a $15bn oil refinery project in the same month as political tensions flared between ...

  • The following is a report on events that occurred in the World in 2009, which KUNA is publishing as part of its year-end reports 28 Dec 2009 08:24 GMT
    ... By Ghada Al-Habeeb KUWAIT, Dec 28 (KUNA) -- The World witnessed many important events in 2009, deserving the title ... awarded the Organization for Petroleum Exporting Countries (OPEC) Award for Journalism for his oil-oriented analysis ...

  • Abu Dhabi deepens Feb crude supply curbs to Asia 28 Dec 2009 13:12 GMT
    ... Oil Co (ADNOC), the main supplier from OPEC-member the UAE, the world’s third-largest oil exporter, ... core Arab Gulf OPEC members Saudi Arabia, Kuwait and Qatar have been the most disciplined in both cutting and maintaining compliance with agreed ...


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