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Posted September 26, 2023 Today in Energy

Kuwait's oil exports shift from crude oil to petroleum products ›

Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis Brief: Kuwait. In June and July 2023, Kuwait exported more than 1 million barrels per day (b/d) of petroleum products and liquified petroleum gas, the highest volume of products the country has exported. By contrast, crude oil exports averaged about 1.6 million b/d in June and July, down from an average of 1.8 million b/d in the same period of 2022. More

Kuwait monthly petroleum product exports and crude oil exports

Data source: Kpler tanker tracking data (accessed August 2023)

Data Highlights

WTI crude oil futures price

9/25/2023: $89.68/barrel

down$1.80 from week earlier
up$10.94 from year earlier

Natural gas futures price

9/25/2023: $2.639/MMBtu

down$0.089 from week earlier
down$4.189 from year earlier

Retail gasoline price

9/25/2023: $3.837/gal

down$0.041 from week earlier
up$0.126 from year earlier

Retail diesel price

9/25/2023: $4.586/gal

down$0.047 from week earlier
down$0.303 from year earlier

Weekly coal production

9/16/2023: 11.902 million tons

up0.457 million tons from week earlier
up0.590 million tons from year earlier


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