Despite global oil market concerns about a glut, China and India's increased buying, driven by US sanctions on Russian energy, has supporte...

KPC subsidiary Kuwait Oil Company's CEO Ahmed Jaber Al-Eidan said on Monday Kuwait's production capacity was currently at 2.9 million bpd a...

Lower Kuwaiti exports follow cuts from OPEC kingpin Saudi Arabia that have pushed Brent prices close to $90 a barrel and left little wriggl...

The European Union banned seaborne Russian crude imports from Dec. 5 and will ban Russian oil products from Feb. 5, in a move aimed at depr...

Brent crude futures fell by 39 cents, or 0.4% to $98.18 a barrel by 1306 GMT. U.S. West Texas Intermediate crude fell by 47 cents, or 0.51%...

Analysts polled by Reuters expect another drawdown of U.S. crude inventories in data for last week although gasoline and distillates stocks...

This year, Kuwait had shortened an annual oil supply deal with Indian refiners to 9 months ending in December. Kuwait Petroleum Corp has to...

Many Indian companies are actively participating in the developmental projects of Kuwait, strengthening further ties between the two countr...

The new refinery project at Al Zour is Kuwait's biggest development project with crude processing capacity of 6,15,000 barrels per day (bpd...

Kuwait National Petroleum Company (KNPC) confirmed press reports that it had scrapped plans to built a fourth refinery at Al Zour, at an es...