August 16, 2024

Kuwait Oil Price Down 56 Cents

The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.

On the global scale, the Brent crude futures’ contracts

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Industrial Production Index Rises 2.5% in June MoM

Doha: The Industrial Production index (IPI) for June 2024 reached 96.1 point, increased by 2.5 percent compared to the previous month (May 2024), and decreased by 7.5 percent, when compared to the corresponding month in 2023.

This index measures the

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Japanese Stocks Close Higher

Japanese stocks closed higher on Monday.

The Nikkei rose nearly 3 percent and posted its best weekly performance in more than four years after strong U.S. retail sales data eased concerns about a recession in the world’s largest economy and

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