Kuwait Petroleum Newswire

Kuwait Petroleum Newswire

Comprehensive Real-Time News Feed for Kuwait Petroleum.

Results 1 - 20 of 116 in Kuwait Petroleum

  1. Kuwait Oil Price Up 44 Cents to USD 51.08 per BarrelRead the original story w/Photo

    Wednesday Jan 18 | The Peninsula

    Kuwait: The price of oil went up by 44 cents to USD 51.08 per barrel Tuesday after being at USD 50.64 pb the day before, said Kuwait Petroleum Corporation Wednesday. At the global, the prices stabilized due to statements by Saudi Arabia that it will abide by the OPEC agreement to reduce production despite expectation that US production of oil will increase this year, Kuwait News Agency reported.

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  2. Dollar Bulls Ignore the Fed's WarningsRead the original story w/Photo

    Thursday Jan 5 | Minyanville

    ... nfidence that oil producers would stick to their pledge for oil cuts. The confidence came after state-owned Kuwait Petroleum Corp. said it is committed curbing output and

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  3. Oil edges higher as Kuwait confirms commitment to cutting outputRead the original story w/Photo

    Wednesday Jan 4 | Al Bawaba

    ... as part of a deal agreed in late 2016. The accord kicked in on January 1. However on Wednesday, state-owned Kuwait Petroleum Corporation moved to dispel some of that anxiety, saying it was committed to curbing output and had notified clients that ...

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  4. French trial of Equatorial Guinea leader's son postponed until JuneRead the original story w/Photo

    Wednesday Jan 4 | Reuters

    ... family relatives in several African countries including Gabon and Congo Republic. DUBAI, Jan 4 State-owned Kuwait Petroleum Corp (KPC) said on Wednesday it was committed to an oil output cut agreed by the Organization of Petroleum Exporting ...

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  5. Futures Movers: Oil prices rise on signs OPEC members will stick to output pledgesRead the original story w/Photo

    Wednesday Jan 4 | MarketWatch

    ... as part of a deal agreed in late 2016. The accord kicked in on Jan. 1. However, on Wednesday, state-owned Kuwait Petroleum Corp. moved to dispel some of that anxiety, saying it was committed to curbing output and had notified clients that the ...

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  6. Kuwait Petroleum Corp committed to OPEC oil output cut -state news agencyRead the original story w/Photo

    Wednesday Jan 4 | Reuters

    Jan 4 State-owned Kuwait Petroleum Corp said on Wednesday it was committed to an oil output cut agreed by the Organization of Petroleum Exporting Countries at a meeting in Vienna in November, Kuwait's state news agency KUNA reported. KPC said in a statement it had notified its clients of the production cuts from the start of January, saying they will be in effect for the whole of the first quarter of 2017.

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  7. Oil Extends Gains as Industry Report Shows U.S. Stockpile DropRead the original story

    Dec 21, 2016 | The Washington Post

    ... oil production may help send prices above $70 a barrel next year, according to Citigroup Inc.'s Ed Morse. Kuwait Petroleum Corp. will cut contracted volumes to customers around the world, including some in the U.S., according to a company official, ...

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  8. Oil Extends Its Gains as Report Shows U.S. Stockpile DropRead the original story w/Photo

    Dec 20, 2016 | Bloomberg

    ... oil production may help send prices above $70 a barrel next year, according to Citigroup Inc.'s Ed Morse. Kuwait Petroleum Corp. will cut contracted volumes to customers around the world, including some in the U.S., according to a company official, ...

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  9. Oil Extends Gains as Industry Report Shows U.S. Stockpile DropRead the original story

    Dec 21, 2016 | The Washington Post

    ... oil production may help send prices above $70 a barrel next year, according to Citigroup Inc.'s Ed Morse. Kuwait Petroleum Corp. will cut contracted volumes to customers around the world, including some in the U.S., according to a company official, ...

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  10. Futures Movers: Oil settles higher to tally a gain for the weekRead the original story w/Photo

    Dec 16, 2016 | MarketWatch

    ... among members of the Organization of the Petroleum Exporting Countries and other oil producers. State-run Kuwait Petroleum Corp. said that shipments of oil would be reduced Jan. 1 to U.S. and European customers, according to a report Thursday, said ...

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  11. Oil up as planned oil production cuts materialiseRead the original story w/Photo

    Dec 15, 2016 | RTE.ie

    ... barrels per day (bpd) in a bit to reduce a fuel supply overhang that has dogged markets for over two years. Kuwait Petroleum Corporation (KPC) had already said on Tuesday it had officially notified its customers of a cut in their contractual crude ...

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  12. Oil rises as investors hunt bargains, Kuwait promises to cut more supplyRead the original story w/Photo

    Dec 15, 2016 | MarketWatch

    ... Brent crude on London's ICE Futures exchange Oil prices rose after several media outlets reported that Kuwait Petroleum Corp. had notified its customers in the U.S. and Europe that it would scale back supply for January, said ANZ Research. The scope ...

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  13. UPDATE 1-Oil prices rise as planned oil production cuts start to materialiseRead the original story w/Photo

    Jan 26, 2016 | Reuters

    ... barrels per day (bpd) in a bit to reduce a fuel supply overhang that has dogged markets for over two years. Kuwait Petroleum Corporation (KPC) had already said on Tuesday it had officially notified its customers of a cut in their contractual crude ...

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  14. Oil Closes Near $51 as Kuwait Said to Cut Sales to U.S., EuropeRead the original story

    Dec 15, 2016 | The Washington Post

    ... dollar makes commodities priced in the currency less attractive to investors. Futures rose after state-run Kuwait Petroleum Corp. was said to make bigger cuts to U.S. and European customers than Asian buyers, according to a KPC official, who asked ...

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  15. Oil prices edge up as Kuwait cuts supplies by more than expectedRead the original story w/Photo

    Jan 26, 2016 | Reuters

    ... barrels per day (bpd) in order to reduce a fuel supply overhang that has dogged markets for over two years. Kuwait Petroleum Corporation (KPC) already said on Tuesday that it had officially notified its customers of a cut in their contractual crude ...

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  16. Qatar, Kuwait to cut oil production from JanuaryRead the original story w/Photo

    Dec 13, 2016 | The Times of India

    ... 2016." No further details about production levels were given in the statement. National oil conglomerate Kuwait Petroleum Corp (KPC) also said on Tuesday it has informed its clients that their export quantities will be reduced, starting in January. ...

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  17. Kuwait's KPC informs customers of lower oil supplies in JanRead the original story w/Photo

    Dec 13, 2016 | Reuters

    Kuwait Petroleum Corporation said on Tuesday it had officially notified its customers of a cut in their contractual crude oil supplies for January, in line with a deal with OPEC to reduce production. "As part of the commitment and obligation to the OPEC agreement, Kuwait will implement its share of the reduction, which shall take effect January 2017," KPC told its customers in a fax sent on Sunday.

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  18. UPDATE 1-CEO of Russia's Lukoil says declined offers to buy stakeRead the original story w/Photo

    Dec 13, 2016 | Reuters

    ... this month. (Reporting by Vladimir Soldatkin; Editing by Katya Golubkova and Dale Hudson) DUBAI, Dec 13 Kuwait Petroleum Corporation (KPC) said on Tuesday it had officially notified its customers of a cut in their contractual crude oil supplies for ...

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  19. UPDATE 2-UAE's ADNOC to cut Jan oil supplies to Asia; Kuwait, Oman to followRead the original story w/Photo

    Dec 12, 2016 | Reuters

    ... regret to advise you that crude oil allocation for the month of January 2017 will be reduced," ADNOC said. Kuwait Petroleum Corp (KPC) has also notified at least two customers in Asia it "will implement its share of the reduction, which shall take ...

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  20. Global experts to present at the 2nd Kuwait International HSE Conference and ExhibitionRead the original story

    Dec 12, 2016 | World News Report

    KUWAIT CITY, KUWAIT, KUWAIT, December 12, 2016 / EINPresswire.com / -- The second annual edition of the "Kuwait International Health Safety and Environment Conference and Exhibition is drawing an increased interest from local and international public and private sectors, and consolidating its position as the leading HSE event in the Arab Gulf region. The event, which is an initiative by the Kuwait Petroleum Corporation and its subsidiaries, will take place on 15 and 16 February, 2017 in the Regency Hotel and Conference Centre in Kuwait City.

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