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
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
Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.
The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to USD 57.4 billion last month, according to …
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
Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.
Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September.