Kuwaiti crude down $2.2 to $50.70 per barrel
Kuwait''s crude oil
Kuwait - KUNA
The price of Kuwait's crude oil dropped by USD 2.2 on Tuesday, to USD 50.70 per barrel (pb), compared to USD 52.90 pb on Monday, said Kuwait Petroleum Corporation (KPC) on Wednesday.
International crude prices saw new falls on Tuesday, as Brent hit USD 56.92, its lowest since May 2009, amid fears of oversupply on the market.
The decline also comes amid rising expectations that the crude oil inventory in the US, the world's biggest consumer, will remain unchanged since they hit their highest last July.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Sunday ,09 December GMT 13:35 2018 OPEC+ deal to ensure stability of oil price, that is positive for Russia
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:27 2018 Sunday ,30 September
UAE calls for comprehensive approach to address different dimensions of regional threatsGMT 22:30 2012 Monday ,04 June
Your kid\'s year-by-year immunization guide
GMT 07:23 2017 Wednesday ,26 July
Shaima calls for providing gifts to others
GMT 08:54 2012 Tuesday ,10 July
Energy firms top Fortune’s Global 500 rankings
GMT 22:09 2017 Thursday ,27 April
PM chairs economic team meeting
GMT 07:42 2017 Sunday ,01 October
Air France A380 makes emergency landing
GMT 19:22 2016 Wednesday ,11 May
David Beckham is United with Famous Fan Stormzy
GMT 09:50 2018 Sunday ,16 September
Typhoon Mangkhut Wreaks Havoc In Philippines, Leaving At Least 25 Dead
GMT 12:04 2018 Sunday ,21 January
S.Africa's ANC vows change as Zuma exit looms
GMT 08:48 2017 Sunday ,10 December
HRH Deputy King receives HH Shaikh Nasser bin Hamad Al Khalifa
GMT 10:58 2017 Thursday ,30 November
Abbott Lyon reveals collaborationGMT 11:19 2011 Wednesday ,20 July
“Moses not fit for presidency”GMT 09:39 2012 Monday ,19 March
Shalabi can\'t walk after 33 days of hunger strike
GMT 11:37 2014 Sunday ,18 May
New studio of Misr Alzeraya channel opens for agriculture
GMT 12:03 2011 Friday ,12 August
Indonesia bank chief denies suspending bank purchases
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