Kuwait raises May crude prices for Asia, according to pricing document

Kuwait's decision to raise crude prices for Asia signals a tightening in supply or rising demand in the region, which could have implications for global crude benchmarks like WTI and Brent.

Newsquawk StaffPublished 13 Apr 2026, 07:22 UTCOn the live feed at 07:02 UTC — 3 more headlines followed before this page went public

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07:05

European Movers: BP (BP/ LN) +1.7%, Schindler (SCHP SW) +1.0%, GSK (GSK LN) -0.7%, Rio Tinto (RIO LN) -1.0%, Lufthansa (LHA GY) -3.5%

07:04

German Government to reduce energy tax on diesel and petrol by EUR 0.17/L for two months

07:02

Kuwait raises May crude prices for Asia, according to pricing document

07:01

Additional European Equity News

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Iranian armed forces say if Iran’s ports are threatened, then "no port in the Persian Gulf and Oman Sea will be safe", IRIB News reports

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Context

This move may indicate bullish sentiment in the oil market, suggesting higher inflation pressures and potential ripple effects across related sectors.

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