Category: Industry

Kuwaiti Oil Prices Reach $74.66 a Barrel

The price of Kuwaiti crude oil dropped by $0.74 to reach $74.66 per barrel in yesterday’s trading, down from $75.40 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude f…

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Omani Oil Prices Rise $3.24 a Barrel

The official price of Oman oil today, for delivery in December, reached $77.81. This was an increase of $3.24 compared to yesterday’s price (Thursday) of $74.57.

It is worth noting that the monthly average price of Omani crude oil for delivery in Oc…

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Oil Edges Up on Middle East Conflict

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.

Brent crude futu…

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Dollar Rises Against 6 Major Currencies

The dollar index, which measures the currency against the euro, yen, and four other top rivals, added 0.22% to 101.88, a three-week peak after the data affirmed that robustness in the US jobs market reinforced bets the Federal Reserve will not rush to…

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