Kuwaiti oil barrel drops 29 cents, reaches $43.21
Kuwait''s crude oil
Kuwait - KUNA
The price of Kuwaiti oil barrel dropped 29 cents reaching USD 43.21 on Friday, compared to USD 43.50 per barrel on Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday.
Oil prices in international markets had dropped yesterday. The price of Brent crude and the American crude had recorded their lowest rates since April 2009.
Prices of Brent crude declined 85 cents, reaching USD 50.11 pb, while the American crude oil fell 43 cents, reaching USD 48.36 pb.
Brent crude has lost about 11 percent of its value this week, while the American crude lost about eight percent. Oil prices have been slumping on the international markets for the seventh week in a raw, despite a temporary recovery from their lows after a sharp drop in the US oil rig count.
- 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 09:43 2019 Monday ,19 August
Live a calm atmosphere in your career
GMT 02:02 2017 Wednesday ,03 May
Solar energy plans discussed
GMT 11:46 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bn
GMT 05:07 2017 Saturday ,04 March
Kardashian's husband Kanye suffered mental breakdown
GMT 13:53 2018 Tuesday ,04 September
Bahrain-Kuwait ties praised
GMT 13:04 2016 Wednesday ,05 October
Boycott test for Asia's top film festival
GMT 05:02 2017 Saturday ,11 March
ECB: Core inflation still too low
GMT 08:51 2017 Sunday ,26 November
Amazon workers in Germany, Italy hold
GMT 15:55 2017 Tuesday ,25 April
Egypt sentences 20 to death over police killings
GMT 12:21 2017 Sunday ,26 February
Venture capital fund to become first to issue own digital tokens
GMT 09:25 2017 Friday ,16 June
Trump's envoy Jason Greenblatt
GMT 08:53 2018 Sunday ,21 January
FedExpress steams on as Sharapova grinds
GMT 09:20 2018 Friday ,19 January
Police raid France's Lactalis
GMT 13:16 2018 Thursday ,11 January
Feminists and Weinstein accuser lash Deneuve
GMT 19:43 2016 Monday ,04 January
Malaysian-Saudi ties open further cooperation opportunities
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