Arab Today, arab today kuwaiti crude 35 cents down to usd 10465 pb
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Kuwaiti crude 35 cents down to USD 104.65 pb

Arab Today, arab today

Arab Today, arab today Kuwaiti crude 35 cents down to USD 104.65 pb

Kuwait - KUNA

The price of Kuwaiti crude dropped 35 cents to USD 104.65 a barrel yesterday, the state-run Kuwait Petroleum Corporation said on Friday. The drop was influenced by the apparent rise of the US dollar exchange rate, due to an influx of investors in the currency, seeking a safe haven amid turbulence in global markets, particularly Europe\'s Greek debt crisis. Other factors include the US Federal Reserve lowering of its economic growth expectations for the current year, from 3.1 and 3.3 pct to 2.7 and 2.9 pct, thus reflecting on oil prices in an inverse manner. The latest announcement by a number of non-OPEC countries, to release some of their reserves on sale in the market over the next 30 days, also triggered this small drop. The US could contribute to 50 pct of this endeavour, which would push prices down, if only for a short period.

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 kuwaiti crude 35 cents down to usd 10465 pb Arab Today, arab today kuwaiti crude 35 cents down to usd 10465 pb

 



Arab Today, arab today

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 kuwaiti crude 35 cents down to usd 10465 pb Arab Today, arab today kuwaiti crude 35 cents down to usd 10465 pb

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 06:08 2017 Sunday ,18 June

Lower oil prices set to test US shale driller

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
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