Exclusive: Kuwait plans to shorten oil supply deals for some Asian buyers – sources

© Reuters. FILE PHOTO: A worker rides a bicycle at the Bharat Petroleum Corporation refinery in Mumbai By Nidhi Verma NEW DELHI (Reuters) – Oil producer Kuwait Petroleum Corp (KPC) is in talks to shorten its annual supply deals with some customers in India and Japan to nine months this year to meet demand from […]

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Kuwait names new oil and finance ministers in cabinet approved by new emir

© Reuters. FILE PHOTO: Sheikh Nawaf al Ahmed al Sabah is sworn-in as new Emir of Kuwait DUBAI (Reuters) – Kuwait’s emir on Monday approved the formation of a new cabinet that included new ministers of oil and finance for the OPEC member state, the government communications office said, following a parliamentary election this month. […]

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