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Kuwaiti Oil Price Climbs to Nearly $123 per Barrel

Kuwait city: The price of Kuwaiti crude oil rose by $24.46, reaching $122.94 per barrel in Monday’s trading, compared with $98.48 per barrel in trading on Friday, according to the price announced by the Kuwait Petroleum Corporation (KPC).

According …

Saudi Aramco Targets 80% Increase in Gas Production by 2030

Saudi aramco: Saudi Aramco said Tuesday it is advancing plans to increase its sales gas production capacity by about 80% by 2030, compared with 2021 levels, as the company pushes ahead with major gas and upstream development projects.

According to Q…