Kuwaiti crude down $0.75 to $47.80 per barrel
Kuwaiti crude oil
Kuwait - KUNA
Price of Kuwait's crude oil went down by USD 0.75 on Friday to USD 47.80 per barrel, compared to USD 48.37 pb on Thursday, the Kuwait Petroleum Corporation (KPC) Saturday.
In the global market, the future contracts of the Brent Mix for May delivery went up by USD 0.89 to reach USD 55.32 pb. The price for American crude oil for April delivery also went up by USD 1.67 to reach USD 45.72 pb.
The hike in prices was attributed to the decrease in the value for the US dollar which lessened fears of supplies surpassing demands.
However, an agreement between Iran and world powers concerning the Iranian nuclear program might led to the increase of Iran's production of oil which consequently would increase the global supplies of oil.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrel
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
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
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 13:33 2016 Wednesday ,20 July
Bourne-again Matt Damon returns as spy of few wordsGMT 10:50 2012 Monday ,19 March
London\'s ten best afternoon teas
GMT 15:47 2017 Wednesday ,22 February
Airbus faces challenges as it enters new era
GMT 10:10 2016 Tuesday ,08 November
Sheikha Fatima pays tribute to Emirati child who died during Flag Day celebrations
GMT 10:40 2017 Tuesday ,07 March
Massive Hong Kong shark fin seizure as ban flouted
GMT 16:37 2018 Saturday ,06 January
More than 1 million people took part in Dubai Fitness Challenge
GMT 21:53 2016 Sunday ,16 October
Europe's Mars orbiter is healthy says 'relieved' ESAGMT 19:45 2012 Thursday ,17 May
Algerian singer Warda passes away in Cairo at the age of 72
GMT 16:20 2014 Thursday ,27 November
We expect media to keep up with development of the country
GMT 11:00 2017 Tuesday ,07 February
Vatican row as China invited to organ transplant summit
GMT 14:59 2017 Wednesday ,08 March
Almajdouie Motors launches training academy for Saudis
GMT 09:22 2017 Thursday ,07 September
A lecture on the fundamentals Equine conformation in focus
GMT 12:53 2015 Sunday ,25 January
Interesting ideas to decorate your home with wall decals
GMT 15:04 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 20:59 2016 Thursday ,21 July
Lopetegui appointed Spain’s new managerGMT 21:43 2012 Monday ,20 February
AUC remembers Omar Mohsen at the graduation
GMT 10:24 2017 Monday ,06 February
Samsung breaks away from chaebol lobby following presidential scandal
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