Picture used for illustrative purposes.
The price of Kuwaiti oil went up by $2.10 to $84.60 per barrel on Wednesday, compared to $82.50 the day before, said Kuwait Petroleum Corporation on Thursday.
According to the Kuwait News Agency (KUNA), the Brent Crude and West Texas Intermediate both retreated by $2.62 and $2.46 respectively, settling each at $82.84 per barrel and $76.41 per barrel.
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
Brent crude was down 37 cents, or 0.5%, at $67.63 a barrel by 05:35 GMT while US oil was also down 32 cents, or 0.5%, at $64.28 a barrel, having fallen 0.3% the previous session.
US West Texas Intermediate (WTI) crude fell 4 cents, or 0.07%, to $59.96 a barrel by 05:52 GMT while Brent crude was down 10 cents, or 0.16%, to $63.18 a barrel.
The shareholders of Tabreed, the UAE’s leading district cooling company, have approved a cash dividend payment of 13.5 fils per share for 2022.
Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has concluded its New Horizons Trade Mission to Central Asia,
Sharjah Entrepreneurship centre (Sheraa) has unveiled its latest initiative aimed at bolstering the startup ecosystem in the UAE. In a partnership
The stock market can be a great way to do it, but it comes with its own set of risks and rewards. With the ever-changing economic situation across the globe, it becomes mandatory to invest wisely and safely for a better future.