Kuwait holds 6% of global oil reserves. Kuwait Export Crude (KEC) is the national benchmark.
The oil price displayed above is derived from international crude oil futures and converted to KWD using real-time exchange rates. Data is sourced from NYMEX, ICE, EIA and updates every 60 seconds.
The oil price in Kuwait is derived from international futures benchmarks (Kuwait Export Crude), converted to KWD using real-time exchange rates. AURUM updates Kuwait oil prices every 60 seconds.
Oil prices in undefined are driven by global supply/demand, OPEC+ decisions, KWD/USD exchange rates, and domestic policy. Kuwait holds 6% of global oil reserves. Kuwait Export Crude (KEC) is the national benchmark.
AURUM calculates Kuwait oil prices using: international benchmark x KWD/USD exchange rate. Prices are sourced from NYMEX, ICE, EIA and update every 60 seconds.