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    Latest News

    OPEC+ may reach output cut if US joins

    DUBAI/LONDON/MOSCOW: Major oil producers including Saudi Arabia and Russia are likely to agree to cut production at a meeting tomorrow but only if the United States joins the effort, aimed at coping with the disastrous effect of the coronavirus on fuel demand, three OPEC+ sources said. Worldwide oil demand has dropped by roughly 30 percent, or about 30 million barrels a day, at the same time that Saudi Arabia and Russia have been flooding markets with extra supply.

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    Coronavirus in Kuwait: What we know so far

    KUWAIT: Kuwait has so far recorded 743 cases infected with the novel coronavirus (COVID-19), in addition to one death. With the exception of 23 cases in intensive care, all infected cases are in stable condition and are recovering in quarantined locations designated by the government for this purpose, while 911 have been discharged from quarantine after exhibiting no symptoms during their 14-day quarantine period, the Ministry of Health confirmed.

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    KIPIC completes quarantine for coronavirus

    KUWAIT: Kuwait Integrated Petroleum Industries Company (KIPIC) has completed a quarantine facility in Al-Zour with a capacity of 1,700 beds, KIPIC said Monday. 

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