General

Kuwaiti oil price down 88 cents to USD 77.79

The Kuwaiti oil price went down 88 cents to reach USD 77.79 per barrel (pb) on Thursday, compared to USD 78.67 on Wednesday, said Kuwait Petroleum Corporation (KPC) on Friday.

In international markets, Brent crude oil went up USD 1.29 to stand at US…

Kuwait’s July crude oil exports to Japan down 34.3 pct

Kuwait’s crude oil exports to Japan fell 34.3 percent in July from a year earlier to 4.90 million barrels, or 158,000 barrels per day (bpd), down for the 10th consecutive month, government data showed Friday.

As Japan’s third-biggest oil provider, K…