Category: Industry

Kuwait Oil Price Records USD 76.28 PB

Price of Kuwaiti oil increased 51 cents to settle at USD 76.28 per barrel on Tuesday compared with USD 75.77 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Monday.

Globally, the price of Brent crude rose by 18 cents to USD 76.48 pb,…

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Oman Oil Price Reaches $75.49 a Barrel

The official price of Omani oil, for delivery in October, reached on Wednesday $75.49 per barrel, an increase of 48 cents compared with Tuesday’s price, which amounted to $75.1.

It is noteworthy that the monthly average price of Omani crude oil for d…

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Saudi Stock Exchange Index Closes Higher

The main Saudi Stock Exchange Index closed Wednesday, up by 50.55 points to reach 11,729.71 points, with trades worth SR 6.9 billion.

The volume of traded shares reached 311 million shares, with the shares of 169 companies recording an increase in th…

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Basra Heavy and Medium Crude Prices Rise

Basra Heavy and Medium crude prices recorded a rise today, Wednesday, coinciding with the rise in oil prices in global markets.

Basra Heavy crude prices rose 76 cents to reach $ 72.15, and Basra Medium crude prices rose 76 cents to reach $ 75.5.

Oil…

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Dollar Steady, Yen Retreats from 7-Month High

The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets regained a semblance of calm in a week that began with a massive shakeout in assets driven by recession fears and unwinding of popular carry trades.

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