Kuwait's oil revenues increased in the first half of the year, according to the study

  • 08/12/2021

Kuwait's oil revenues increased by roughly 1.94 billion dinars, or 44.5 percent, in the first half of this year (January to June), to 6.3 billion dinars, up from 4.36 billion in the same period last year.


Kuwait's average crude oil exports during the first quarter of 2021 were 1.795 million barrels per day out of an average daily production of 2.327 million barrels, according to official statistics obtained by Al-Rai, compared to exports of 2.12 million barrels per day out of a total production of 2.327 million barrels.
2.742 million barrels per day over the same period last year, while Kuwaiti oil export prices averaged $60.49 a barrel in the first quarter of this year, compared to $51.81 in the first three months of 2020.

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