Mubasher: The price of Kuwait’s crude oil went down 45 cents to settle at $71.65 per barrel (pb) on Wednesday, compared to $72.10 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). Globally, oil futures declined …
Mubasher: Kuwait’s oil exports inched up 0.69% to 2.034 million barrels per day (mbpd) in March, compared to 2.020 mbpd for the same month a year earlier, according to the Joint Organisations Data Initiative (JODI). The GCC nation’s oil exports …
Mubasher: Kuwait’s trade surplus with Japan surged 44.4% year-on-year to JPY 70.87 billion ($642.12 million) in April from JPY 49.06 billion ($444.51 million), the Japanese finance ministry said on Wednesday. The trade surplus growth was …
Mubasher: The price of Kuwait’s crude oil decreased by 86 cents to settle at $72.1 per barrel (pb) on Tuesday, compared to $72.96 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the international level, oil …
Riyadh – Mubasher: Recent positive indicators combined with an increase in oil prices since the beginning of 2019 have boosted confidence in Saudi Arabia’s economy, the International Monetary Fund (IMF) said in its report released late on …
Mubasher: The price of Kuwait’s crude oil levelled up $0.62 per barrel (pb) to settle at $71.24 pb on Wednesday, compared to $70.62 pb a day earlier, according to the latest data by the Kuwait Petroleum Corporation (KPC). By 6:10 pm GMT, Nymex’s …
Mubasher: The price of Kuwait’s crude oil tumbled $1.14 per barrel (pb) to settle at $70.62 pb on Tuesday, compared to $71.76 pb a day earlier, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the international level, oil …
Mubasher: The price of Kuwait’s crude oil increased by 83 cents to settle at $71.76 per barrel (pb) on Monday, compared to $70.93 on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil futures …
Cairo – Mubasher: Egypt’s prime minister Mostafa Madbouly has met with the minister of supply and internal trade and the minister of finance to review the plan of the local wheat supply. About 1.620 million tonnes of wheat have been received …
Cairo – Mubasher: Exports of the Egyptian free zones amounted to $6 billion during the first four months of 2019, the Egyptian investment and international cooperation minister said on Sunday. The number of projects implemented in the Egyptian …
Cairo – Mubasher: Suez Customs issued customs clearance for 357 private cars and trucks at a combined value of EGP 81.7 million in March. The government levied around EGP 38.2 million in customs duties, taxes, and charges imposed on these cars in …
Cairo – Mubasher: Alexandria Portland Cement reported a 123% year-on-year increase in its consolidated losses during the first quarter of 2019, pressured by lower consumption amid higher supply. The Egyptian cement producer’s net losses amounted …
Riyadh – Mubasher: The Saudi Arabian Oil Co, known globally as Saudi Aramco, has raised crude oil prices to its customers in Asia and Europe for June, whereas it trimmed prices for its importers in the US, Reuters reported. The state-owned crude …
Cairo – Mubasher: The Egyptian Customs Authority has issued clearance of vehicles and spare parts worth EGP 3.84 billion at Alexandria Port in April, the authority’s head said on Sunday. The government levied around EGP 1 billion in customs …
Mubasher: The price of Kuwait’s crude oil increased by 2 cents to settle at $70.72 per barrel (pb) on Monday compared to $70.70 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil price …
Riyadh – Mubasher: Saudi Arabia threatened to switch to currencies other than the dollar in oil trades, if the US passes a bill exposing members of the Organization of the Petroleum Exporting Countries (OPEC) to antitrust lawsuits, Reuters …
Mubasher: The price of Kuwait’s crude oil increased by 60 cents to settle at $69.16 per barrel (pb) on Tuesday compared to $68.56 pb on Monday, according to data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices rose by …
Mubasher: The price of Kuwait’s crude oil increased by 20 cents to settle at $67.28 per barrel (pb) on Wednesday from $67.08 pb in the previous session, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, …
Mubasher: The price of Kuwait’s crude oil increased by 34 cents to settle at $67.55 per barrel (pb) on Tuesday compared to $67.21 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Mubasher: The price of Kuwait’s crude oil increased by 14 cents to reach $67.1 per barrel (pb) on Wednesday compared to $66.96 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Mubasher: The price of Kuwait’s crude oil increased by 34 cents to settle at $66.96 per barrel (pb) on Tuesday compared to $66.62 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Mubasher: Kuwait has plans to endorse its natural gas production capacity to become 3.5 billion standard cubic feet (scf) per day by 2031-2032 instead of the current 1.9 billion scf, CEO of the Kuwait Petroleum Corporation (KPC) Hashim Hashim said …
Mubasher: The price of Kuwait’s crude oil increased by $1.07 to settle at $66.62 per barrel (pb) on Monday compared to $65.55 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Mubasher: Bahrain has plans to sell and trade more petroleum products in the GCC region and Asia in line with its intention to commission the expanded oil refinery by early 2023, the CEO of oil company Bapco Pete Bartlett told Reuters. Expanding …
Mubasher: The price of Kuwait’s crude oil increased by 12 cents to settle at $65.64 per barrel (pb) on Wednesday compared to $65.52 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
