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17 January 12:07 PM
Oil drops on record US crude output, weak demand fears

Oil prices fell on Thursday as US crude output rapidly approached an unprecedented 12 million barrels per day, amid concerns about weakening demand.
The price of Kuwait’s crude oil hiked $1.45 to $59.64 per barrel (pb) on Wednesday, against $58.19 pb on Tuesday, according to the Kuwait Petroleum Corporation (KPC).
Kuwait’s crude oil grows $1.45 pb on Wednesday
Oil goes up at Wednesday's settlement
Gold settles up on Wednesday
The new loan will not impact the company’s current financial status
Oula Fuel Marketing secures KWD 9.5m facility
US crude inventories drop as oil prices rise
Kuwait Arab Global Commodities
11
6,633.44 0.45% 29.93
Volume 119,607,740 Turnover 23,700,766 No. of Trades: 4,582
58 Down 27 Flat 40 Up
No. of Traded Stocks : 125
Last Update: 11:57 AM
Latest News
Oil drops on record US crude output, weak demand fears Global Markets brief
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The contracts are still under discussion
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The price of Kuwait’s crude oil hiked $1.45 to $59.64 per barrel (pb) on Wednesday, against $58.19 pb on Tuesday, according to the Kuwait Petroleum Corporation (KPC).
Kuwait’s crude oil grows $1.45 pb on Wednesday Macroeconomics
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Oil goes up at Wednesday's settlement Oil and Energy
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Gold settles up on Wednesday Goods and Metals
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Goldman Sachs swings to profit in Q4 Global Reports
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The new loan will not impact the company’s current financial status
Oula Fuel Marketing secures KWD 9.5m facility Banking and Finance
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US crude inventories drop as oil prices rise Global Markets brief
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US builder sentiment recovers in January Global Reports
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Mubasher Exclusive
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Arab Markets
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The contracts are still under discussion
Eastern Co considers new contracts with int'l firms Companies Investments
The price of Kuwait’s crude oil hiked $1.45 to $59.64 per barrel (pb) on Wednesday, against $58.19 pb on Tuesday, according to the Kuwait Petroleum Corporation (KPC).
Kuwait’s crude oil grows $1.45 pb on Wednesday Macroeconomics
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An Air Arabia jet
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