
Price of Kuwaiti crude oil rose 59 cents, reaching USD 100.48 per barrel (pb) on Friday compared to USD 99.89 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday. On international crude oil markets, prices of futures rose on Friday in choppy trading after the US employment data indicated that the market is improving, which boosted the stock markets and crude oil. On London Stock Exchange (LSE), the price of Brent contract for July delivery rose 95 cents, equivalent of 0.92 percent, to settle at USD 104.56 pb. On New York Mercantile Exchange (NYMEX), light-sweet crude futures for delivery in July rose by USD 1.27, equivalent of 1.34 percent, to trade at USD 96.03 pb.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor