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A service for energy industry professionals · Friday, May 23, 2025 · 815,463,442 Articles · 3+ Million Readers
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Kuwait Oil Market News Monitoring

  • Published on May 21, 2025

    Kuwaiti Dinar Dips Slightly Against Pakistani Rupee

    Kuwait City/Karachi- May 21, 2025 – The Kuwaiti Dinar (KWD) experienced a marginal decline against the Pakistani Rupee (PKR) today, trading at 913.99 PKR compared to yesterday’s rate of 916.01 PKR. This subtle shift in the exchange rate reflects …

    Source: ARY News - Indeterminate
  • Published on May 22, 2025

    OPEC+ Considers Another Big Oil Production Hike in July

    The OPEC+ alliance is discussing the idea to make another big production increase in oil production for July, delegates from the group told Bloomberg News on Thursday.  OPEC+ has already announced two consecutive production increases for May and June, each …

    Source: Oil Price - Neutral
  • Published on May 21, 2025

    Oil prices dip as U.S. crude and fuel inventories rise unexpectedly

    Oil prices slipped on Wednesday following the release of unexpected increases in U.S. crude and fuel inventories, dampening market sentiment ahead of the U.S. summer driving season, a period typically associated with higher fuel demand. Brent crude futures …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 20, 2025

    UAE economy resilient despite tapering fiscal surplus  

    The UAE faces a shifting economic landscape as lower oil prices are expected to reduce its fiscal surplus, yet the nation’s economic outlook remains robust, buoyed by strategic diversification and increased oil production. According to a recent report from …

    Source: Khaleej Times - Gov't Propaganda
  • Published on May 19, 2025

    OPEC+ Did Not Lift Production to Kill the Oil Price, SEB Says

    OPEC+ did not lift production by 400,000 barrels per day in May and June to kill the oil price and to go full throttle on an oil price war. That’s what Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil …

    Source: Rigzone - Neutral
  • Published on May 19, 2025

    $4trln Gulf investments pledged in US over three years

    Kuwait - Recent visits by the U.S. President have resulted in $4 trillion worth of investments in the U.S. over the next three years from three Arab Gulf countries: Saudi Arabia, Qatar, and the UAE. These investments are expected to yield productive …

    Source: Zawya - Indeterminate
  • Published on May 17, 2025

    Trump's Gulf Tour Claims Face Scrutiny Over Deal Values

    (MENAFN- The Arabian Post) Donald Trump concluded his Gulf tour with the White House touting more than $2 trillion in economic agreements, a figure that has drawn significant scepticism from financial analysts and diplomatic observers. The administration …

    Source: MENAFN - Indeterminate
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