
World oil prices dived on Wednesday following weak manufacturing data in China, the world’s leading consumer of energy. New York’s main contract, West Texas Intermediate (WTI) for delivery in September, slumped $1.84 to close at $105.39 a barrel. In London trade, Brent North Sea crude for delivery in September sank to $107.19 a barrel, shedding $1.23 from Tuesday’s close. Global banking giant HSBC said its preliminary purchasing managers index (PMI) for Chinese manufacturing hit an 11-month low of 47.7 for July, down from 48.2 in June but still in contraction territory.
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

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