Arab Today, arab today kuwait crude oil price drops 219 to 4245 per barrel
Last Updated : GMT 21:56:09
Arab Today, arab today
Arab Today, arab today

Kuwait crude oil price drops $2.19 to $42.45 per barrel

Arab Today, arab today

Arab Today, arab today Kuwait crude oil price drops $2.19 to $42.45 per barrel

Kuwait Petroleum Corporation (KPC)
Kuwait - KUNA

The price of Kuwait crude oil per barrel fell USD 2.19 to stand at USD 42.45 pb in Wednesday's trading compared to USD 44.64 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
On the international market, the price of Brent crude oil slightly rose by USD 0.05 to US 51.15 pb and the American crude jumped by USD 0.72 to USD 48.65 pb.
Oil closed trading up on international markets on Wednesday for the first time in five days supported by weekly data for U.S. crude inventories showing a surprising drop last week.
In an interview with KUNA Wednesday, oil expert Mohammad Al-Shati expected that oil prices are poised to carry on with their downtrend over the coming period, citing oversupply from Russia and Iraq, as well as other factors.
Al-Shati said that Russia's oil production has been on the rise recently to hit 10.58 million barrels per day (bpd), and Iraq's increased to 2.94 million bpd, on Wednesday. No signals of a potential rise can be seen.
Other causes for the potential fall include the rise of the US dollar and the increase of the US inventory of diesel and petrol. In addition, several refineries are currently having maintenance operations, Al-Shati said.
He cited international data revealing that the OPEC production in December was up by 240,000 bpd, supporting the oversupply belief.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait crude oil price drops 219 to 4245 per barrel Arab Today, arab today kuwait crude oil price drops 219 to 4245 per barrel

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait crude oil price drops 219 to 4245 per barrel Arab Today, arab today kuwait crude oil price drops 219 to 4245 per barrel

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday