Commodities

The UAE is the key destination for Indian gold jewellery
21 October 12:08 PM India’s gold imports rise on new duty concerns
Mubasher: India’s gold imports witnessed a surprise hike in the last three-month period ended September on speculation that domestic jewellery manufacturers and traders are hoarding the yellow metal lest a further hike in gold import duty. India, …
Brent and Nymex crude fell to $80 pb and $70 pb
18 October 11:51 AM Kuwait’s crude oil adds 98 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 98 cents to settle at $78.99 per barrel (pb) on Wednesday compared to $78.01 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
Global crude oil prices rose on Tuesday
17 October 12:33 PM Kuwait’s crude oil drops 27 cents on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 27 cents to settle at $78.01 per barrel (pb) on Tuesday compared to $78.28 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). Global crude oil prices rose on …
Global oil prices increased following the geopolitical tension
16 October 10:38 AM Kuwait’s crude oil declines 25 cents on Monday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 25 cents to settle at $78.28 per barrel (pb) on Monday compared to $78.53 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Global oil prices increased in line with indicators of lower crude supply
10 October 11:38 AM Kuwait’s crude oil rises $1.19 on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by $1.19 to settle at $82.26 per barrel (pb) on Tuesday compared to $81.07 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Nymex crude oil, November futures, fell slightly by 0.1%
9 October 11:08 AM Kuwait’s crude oil falls $1.59 on Monday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by $1.59 to reach $81.07 per barrel (pb) on Monday compared to $82.66 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, Nymex crude oil, …
The UAE’s gold prices rebounded on Thursday following previous declines
4 October 02:00 PM UAE gold prices rise slightly Thursday
Abu Dhabi – Mubasher: The UAE’s gold prices rebounded on Thursday following previous declines witnessed over the past few days, pressured by global prices. The gold sovereign reached AED 991,690, while gold per kilo was AED 141,660. The price per …
The US announced terminating the amity with Iran
4 October 10:51 AM Kuwait’s crude oil adds 40 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 40 cents to settle at $83.01 per barrel (pb) on Wednesday compared to $82.61 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
Global oil prices declined on Tuesday
3 October 10:47 AM Kuwait’s crude oil rises to $82.61 on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 2.02 cents to settle at $82.61 per barrel (pb) on Tuesday compared to $80.59 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
Kuwait’s crude oil rose by 5.7% in 5 sessions
27 September 02:05 PM Kuwait’s crude oil adds 21 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 21 cents to settle at $79.55 per barrel (pb) on Wednesday compared to $79.34 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). Kuwait’s crude oil continued …
The increase in non-oil trade ascribed to the growth of re-exports
27 September 12:49 PM Abu Dhabi’s non-oil trade rises to AED 94bn in 7M
Abu Dhabi – Mubasher: Abu Dhabi’s non-oil foreign trade rose 15% to AED 94.1 billion in the first seven months of 2018, compared to AED 92.8 billion during the same period last year. The increase in non-oil trade ascribed to the growth of …
The US oil stocks continued to decline for the fifth consecutive week
20 September 10:31 AM Kuwait’s crude oil adds $1.18 on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by $1.18 to settle at $76.44 per barrel (pb) on Wednesday compared to $75.26 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
The board explained that the reason for this move is to reduce the sector’s risks on the holding company
9 September 05:49 PM Saudi Chemical to transfer explosives sector to subsidiary
Riyadh – Mubasher: Saudi Chemical Co’s board has proposed transferring the firm’s explosives segment to its wholly-owned subsidiary Saudi Chemical Co. Ltd. The board explained that the reason for this move is to reduce the sector’s risks on the …