Kuwait Oil Price Up 1.25 per barrel to USD 44.12
Kuwait Petroleum Corporation
Kuwait - QNA
The price of Kuwait oil went up by 1.25 to reach USD 44.12 per barrel Wednesday after being at USD 42.87 per barrel the day before, said Kuwait Petroleum Corporation (KPC) Thursday.
The rise of crude oil prices in world markets, significantly during Wednesday's trading, came following the US Energy Agency report that showed a larger-than-expected weekly drawdown in crude inventories, indicating high US demand.
American Petroleum Institute has published a drawdown, showing a sharp decline in US crude oil stockpiles for the week to 24 June - of 3.9 million barrels to reach 527.7 million barrels after US refineries increased production.
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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