Kuwaiti oil price up 26 cents to USD53.58 per barrel
Kuwaiti oil price up 26 cents to USD53.58 per barrel
Kuwait - WAM
The price of Kuwaiti crude oil went down US$1.13 Monday to settle at US$52.45 per barrel, compared to US$52.58 per barrel last Friday, the Kuwait Petroleum Corporation said on Tuesday.
According to Kuwait News Agency, oil prices in world markets, were up on Monday after remarks made by the OPEC Secretary-General regarding extending the agreement on to decrease production after March 2018.
Oil crude price Brent mixed were also up by 17 cents to US$55.79 while the US crude oil rose by 29 cents to settle US$49.58 per barrel.
Yesterday, the OPEC Secretary-General told the Reuters Global Commodities 2017 Summit in London that the organisation's focus remains on reducing inventories, moving the stock overhang to its five-year average and ensuring sustainable market stability in the years and decades ahead. He added that the ongoing market rebalancing process is vital to sustainable market stability that both producers and consumers desire, and which is beneficial to the global economy as a whole.
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OPEC daily basket price stood at US$65.12 a barrel Wednesday
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
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London - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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