Kuwait Petroleum Corporation (KPC) said on Tuesday that the price of Kuwaiti oil barrel rose 41 cents on Monday reaching USD 102.33 compared to USD 101.92 on Friday.International oil markets had seen rise in oil prices, with the International Energy Agency releasing reports about high energy demands.Daily international oil consumption is expected to increase 1.4 million barrels, which is an increase of 1.5% during 2014.Demand by member states of Organization of Petroleum Exporting Countries (OPEC) is forecast to hike by 100,000 barrels per day.Meanwhile price of crude oil in New York Mercantile Exchange (NYMEX) reached USD 99.01 per barrel, its highest rate at USD 99.27 pb and its lowest at USD 98.07 pb.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 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 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor