National Oil Companies now dominate the global oil industry and their collaboration is crucial to ensuring future energy ...

When Rachel Reeves joined the spring meeting of the International Monetary Fund (IMF) in Washington last week, she might have ...

The Gulf Co-operation Council (GCC) countries contributed over 35% of all emerging-market (EM) US dollar debt issued in the ...

President Donald Trump will deliver remarks on “Investing in America” following the release of a worrisome economic report ...

Kuwait has released an additional 10 American detainees, bringing to nearly two dozen the total number freed by the country ...

The price of Kuwaiti oil went down by US$2.12 to US$67.42 per barrel on Tuesday, compared to US$69.94 per barrel the day before, said the Kuwait Petroleum Corporation on Wednesday.At the global level, ...

Australian petroleum company Woodside Energy Group is in negotiations with Kuwait Foreign Petroleum Exploration (Kufpec) to sell a stake in its Louisiana liquefied natural gas (LNG) project. Kufpec, ...

What Drives the Price of Oil? Crude oil is extracted from underground oil reserves. In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves ...