Kuwait Oil Price Up 64 Cents To US$71.36 Pb
Umer Jamshaid Published June 26, 2018 | 12:00 PM
The price of Kuwaiti oil went up by 64 cents to US$71.36 per barrel Monday after being at $70.72 per barrel last Friday, said the Kuwait Petroleum Corporation (KPC) Tuesday, reported the Kuwait News Agency (KUNA).
KUWAIT, (UrduPoint / Pakistan Point News / WAM - 26th Jun, 2018) The price of Kuwaiti oil went up by 64 cents to US$71.36 per barrel Monday after being at $70.72 per barrel last Friday, said the Kuwait Petroleum Corporation (KPC) Tuesday, reported the Kuwait news Agency (KUNA).
At the global level, the price went down after the recent OPEC agreement to increase production. The US stock markets' lackluster performance, due to fears of the global trade war, also contributed to the price decline.
The price of the Brent crude went down by 82 cents to $74.73 per barrel, the price of the West Texas Intermediate also went down by 50 cents to $68.
Recent Stories
SIU arrests robbery gang targeting bank customers
Asia Cricket Week from April 28
PSA World C'ships in May
Food Safety Authority raids hospitals' canteen across KP
US Fed's favored inflation measure accelerates in March
Kenya flood death toll since March climbs to 70: govt
Rafiq-ul-Hujajj Committee to organize 2nd training session for pilgrims in Abbot ..
Defence Minister leads Pakistan's delegation to Kazakhstan SCO moot
PRCS Chairman, Moroccan envoy discuss humanitarian relations
50pc cut in subsidy of BRT service likely: CM’s aide
Russia striking Ukraine railways to 'paralyse' army cargo: Ukraine source
Cop, suspected outlaw injured in police encounter
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago