Opec member's production fell to 573,000 barrels per day in May
Kuwait ramps output to 2 million bpd as Hormuz reopens post-ceasefire, recovering from 55% collapse. Energy supply stabilization reduces geopolitical cost pressure on data centers; Kuwait's pipeline gap versus Saudi Arabia/UAE remains a logistics risk wildcard.
Kuwait Petroleum's CEO says oil output could climb to 2 million bpd within a week as Strait of Hormuz shipping resumes.
Kuwait has asked its energy customers to pick up refined petroleum directly from its ports as the US and Iran aim for a final agreement within 60 days, adding to signs that cement the opening of the Hormuz Strait. The…
Kuwait has asked its energy customers to pick up refined petroleum directly from its ports as the US and Iran aim for a final agreement within 60 days, adding to signs that cement…