Commodities

The price of the US crude oil decrease by the end of the trades
57 minutes ago Kuwait’s crude oil adds 86 cents on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 86 cents to settle at $75.52 per barrel (pb) on Tuesday compared to $74.66 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). Globally, oil prices declined …
Investors are awaiting the possibility of imposing additional sanctions on Venezuela
22 May 10:26 AM Kuwait’s crude oil drops 46 cents on Monday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 46 cents to settle at $74.66 per barrel (pb) on Monday compared to $75.12 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). Globally, oil prices grew to the …
18 May 04:48 PM Kuwait oil jumps $1.6 pb Thursday
Mubasher: The price of Kuwaiti oil surged by $1.64 per barrel (pb) on Thursday, according to the Kuwait Petroleum Corporation (KPC). Kuwaiti crude registered $75.06 per barrel (pb) yesterday, compared to $73.42 pb on the day before. In global …
Global oil prices rose on Tuesday
16 May 11:36 AM Kuwait’s crude oil adds $1.49 on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by $1.49 to settle at $73.72 per barrel (pb) on Tuesday compared to $72.23 pb, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices rose in line …
Kuwait’s crude oil decreased to $72.23 per barrel
15 May 10:29 AM Kuwait’s crude oil drops 47 cents – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 47 cents to settle at $72.23 per barrel (pb) on Monday compared to $72.7 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
Global oil prices shrank losses on Tuesday
9 May 11:54 AM Kuwait’s crude oil drops 20 cents on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 20 cents to settle at $70.64 per barrel (pb) on Tuesday compared to $70.84 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Expectations indicate that Trump would withdraw from the agreement
8 May 02:01 PM Kuwait’s crude oil adds $1.83 on Monday – KPC
Mubasher: The price of Kuwait’s crude oil increased by $1.83 to settle at $70.84 per barrel (pb) on Monday compared to $69.01 pb on Friday, according to the latest data by Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Sudan is at pains to plug the gap of fuel consumption
8 May 11:50 AM Saudi Arabia OKs 5-yr oil supplies to Sudan – Minister
Riyadh – Mubasher: Saudi Arabia has agreed to provide oil supplies to Sudan for the coming five years, Sudan’s oil minister Abdul Rahman Osman said. Sudan is at pains to plug the gap of fuel consumption, which reaches around 1.8 tonnes per year, …
Global oil prices increased by the end of Wednesday
3 May 11:57 AM Kuwait’s crude oil up 3 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 3 cents to settle at $68.80 per barrel (pb) on Wednesday compared to $68.77 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
Demand for gold coins and bars will soar in the coming period
2 May 02:16 PM VAT-free gold to boost UAE market – Analysts
By: Mahmoud Gamal  Dubai – Mubasher: The UAE government’s decision to exempt gold and diamond trade from the value-added tax (VAT) will boost the national gold market and revitalise the entire industry in Dubai and the UAE in general, analysts …
Diesel, jet fuel, naphtha, and LPG are to be the primary products
24 April 03:40 PM Al Duqm Refinery forms Kuwait, Oman JV; foundation stone on Thursday
Mubasher: The foundation stone for the project Al-Duqm refinery will be laid on Thursday in line with building the petrochemical industries complex. Al-Duqm Refinery and Petrochemical Industries Company is a Joint Venture (JV) between Oman Oil …
Global oil prices rose by the end of Monday
24 April 10:45 AM Kuwait’s crude oil drops 2 cents on Monday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 2 cents to settle at $68.90 per barrel (pb) on Monday compared to $68.92 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Global oil prices reached the highest level since 2014
19 April 09:51 AM Kuwait’s crude oil adds 83 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 83 cents to settle at $67.64 per barrel (pb) on Wednesday compared to $66.81 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil …
Global oil prices rose by closing Tuesday’s session
18 April 03:19 PM Kuwait’s crude oil up 5 cents on Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 5 cents to settle at $66.81 per barrel (pb) on Tuesday compared to $66.76 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Global oil prices decreased following the announcement of ending the raids on Syria
17 April 10:19 AM Kuwait’s crude oil drops 98 cents on Monday – KPC
Mubasher: The price of Kuwait’s crude oil declined by 98 cents to settle at $66.76 per barrel (pb) on Monday compared to $67.74 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Global oil prices registered the highest level in more than three years
12 April 04:05 PM Kuwait’s crude oil up $1.11 on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by $1.11 to settle at $66.39 per barrel (pb) on Wednesday compared to $65.28 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, oil prices …