The price of Kuwaiti oil went down USD 1.36 to USD 80.47 pb on Friday’s trading, compared to USD 81.83 pb on Thursday, according to Kuwait Petroleum Corporation (KPC).
In the global markets, oil prices declined Friday to stabilize at
Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.
Brent crude futures for September delivery rose $2.09 per barrel, or 2.66
Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.
Spot gold was steady at $2,448.38 per ounce, after hitting its highest level
The Ministry of Finance in the Kurdistan Regional Government announced today, Thursday, the transfer of more than 74 billion dinars of non-oil revenues to the federal Ministry of Finance.
The Ministry stated in a statement that “an amount of (74,844,…
The British Oil Company (SHELL) reported that its profit for the second quarter of 2024 fell by more than 19 percent compared to the first quarter.
Despite this decline, profits were higher than expected, with Shell reporting adjusted earnings of
