Kuwaiti Oil Barrel Prices Decline $0.88

Kuwait’s oil barrel fell $0.88 to $77.79 per barrel in trade on Wednesday against $78.67 in trading on Thursday, according to Kuwait Petroleum Corporation (KPC) reported price.

In global markets, Brent crude futures fell $1.29 cents to set the settle…

July PPI Grows 7.19% YoY

The PPI for July 2024 came in at 116.43 points showing an increase of 0.60 percent and 7.19 percent on a monthly and yearly basis respectively, data from the National Planning Council showed today.

The four main sectors that make up the index are Min…

Eurozone Inflation Falls to 3-year Low

Eurozone inflation fell to its lowest level in three years this month, reinforcing expectations of another interest rate cut by the European Central Bank (ECB) in September.

According to preliminary data released by the European statistics agency Eur…

Oman Oil Price Rises USD 1.63

Oman oil price (October 2024 delivery) today reached USD 78.05, comprising a rise by USD 1.63, compared to the price of Thursday, which stood at USD 76.42.

According to Oman new agency (ONA), the average price of Oman oil (August 2024 delivery) stabi…

FM, Iranian counterpart talk de-escalation efforts in Gaza

Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi, on Friday, discussed with his Iranian counterpart Abbas Araghchi, the state of the region and the risky Israeli escalation in the occupied West Bank and surrounding ar…

CDD responds to 318 fires during past week

The Civil Defense Directorate’s specialist firefighting teams responded to 318 separate fires in the governorates of the Kingdom last week, resulting in property damage and several injuries, according to the Public Security Directorate’s spokesperson….