Arab Today, arab today price of kuwaiti oil remains above 100 pb
Last Updated : GMT 18:49:41
Arab Today, arab today
Arab Today, arab today

Price of Kuwaiti oil remains above 100 pb

Arab Today, arab today

Arab Today, arab today Price of Kuwaiti oil remains above 100 pb

Kuwait - Kuna

By the end of October 2011, seven months of the current fiscal year 2011/2012 have passed with Kuwaiti oil prices sustaining their levels, above the USD 100 per barrel level, except for the first week of October when the price crossed the USD 100 pb limit, according to a report released by Shal consultancy on Saturday. Average Kuwaiti oil price for October scored about USD 103.7 pb, with a very slight rise by about USD 0.1 pb above September\'s average price of USD 103.6 pb. As such, average Kuwaiti oil price for the first seven months of the current fiscal year scored about USD 107.1 pb, an increase by about USD 47.1 pb (78.5 percent) over the new budget hypothetical price at USD 60 pb. April\'s average price was the highest so far at about USD 115.6 pb. This makes October average price lower by about USD 11.9 pb. October 2010 average price of the previous fiscal year 2010/2011 scored about US 77.1 pb. The average price of Kuwaiti oil of the previous fiscal year 2010/2011 was about USD 81.9 pb. According to published figures in the monthly follow up report of the State\'s accounts for September 2011, Kuwait achieved, during the first half of the current fiscal year, an amount of about KD 13.2948 billion worth of actual oil revenues. It is expected that oil revenues, during the first seven months of the current fiscal year, would reach about KD 15.5 billion. Assuming production and prices would continue at the current levels, which is unrealistic on the price side at least, projected oil revenues for the entire fiscal year would score about KD 26.6 billion, which is about KD 14.3 billion higher than the budget estimated amount. By adding about KD 1.1 billion in non-oil revenues, total budget revenues for the fiscal year would score about KD 27.7 billion. By comparing this number to expenditures allocation of about KD 19.435 billion, the resultant will be achieving a hypothetical surplus of about KD 8. 3 billion for the entire fiscal year 2011/2012. (end) mke.ysa.rk KUNA 051304 Nov 11NNNN 

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 price of kuwaiti oil remains above 100 pb Arab Today, arab today price of kuwaiti oil remains above 100 pb

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
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