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Kuwait Petroleum Corporation (KPC) CEO: Our current oil production is approximately 2 million barrels per day, down from 2.6 million barrels per day before the war. We are able to achieve this using a strategic tanker fleet. Neither pipelines nor sto

2026-10-05

Kuwait Petroleum Corporation (KPC) CEO: Our current oil production is approximately 2 million barrels per day, down from 2.6 million barrels per day before the war. We are able to achieve this using a strategic tanker fleet. Neither pipelines nor storage facilities can replace the free passage through the Strait of Hormuz.

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2026-10-05

Kuwait Petroleum Corporation (KPC) CEO: We are considering increasing domestic storage capacity and assessing arrangements for our three overseas refineries.

Kuwait Petroleum Corporation (KPC) CEO: We are considering increasing domestic storage capacity and assessing arrangements for our three overseas refineries.
2026-10-05

After an early dip, the Hang Seng recovered to trade around the 24,000 mark and closed up 0.28% at 24,040.34; the Hang Seng Tech Index rose 0.62% to 4,183.68. Turnover fell to HKD 98.1 bln from HKD 145.8 bln the previous session. Market breadth narro

After an early dip, the Hang Seng recovered to trade around the 24,000 mark and closed up 0.28% at 24,040.34; the Hang Seng Tech Index rose 0.62% to 4,183.68. Turnover fell to HKD 98.1 bln from HKD 145.8 bln the previous session. Market breadth narrowed on light volume; semiconductors and AI-application names led gains, with PCB and optical-communications stocks among top performers, while pharmaceuticals, airlines and mainland property names underperformed. Notable stock moves: 02513.HK +6.15%, 02723.HK +7.25%, 01888.HK +11.94%; 01638.HK -12.00%, 01276.HK -2.58%, 00670.HK -2.81%.
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