Kuwaiti Oil Price Rises to $87.39 a Barrel

The price of Kuwaiti oil went up by $0.88 to $87.39 a barrel on Thursday as opposed to $86.51 a barrel last Wednesday, Kuwait Petroleum Corporation (KPC) said today.

In the global markets, Brent crude futures rose $0.32 to reach $85.4 a barrel, while…

France’s Inflation Rate Retreats to 2.2% in June

Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.

The institute’s data attributed this slight slowdown to weak…

4-Magnitude Earthquake Strikes Northeastern Iraq

An earthquake measuring 4.1 on the Richter scale struck on Friday southeast of Khanaqin District in Diyala Governorate, northeastern Iraq, without recording human or material losses.

The Iraqi Ministry of Transport said, in a statement, that the seis…

Weather Tonight: Some Clouds Onshore, Haze Offshore

Weather inshore tonight until 6:00 am on Saturday will see some clouds, the Department of Meteorology said in its daily weather report.

Offshore, it will be hazy at times with some clouds, the report added.

Wind inshore will be northwesterly to sout…

UN Report: Global Population to Peak in mid-2080s

A United Nations report revealed that the global population is expected to reach its peak earlier than previously anticipated, with the population starting to decline by the mid-2080s.

The UN report on birth projections, issued biennially, stated tha…