The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

The Kuwaiti crude oil price dropped US$1.53 during Tuesday's trading to reach US$77.88 per barrel (pb), compared with US$79.41 pb the day before, Kuwait Petroleum Corporation (KPC) said ...