Oil prices
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Oil Prices Could Reach 50 A Barrel Mid-2017 - Kpi14 February 2016Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency reported. The agency qu...Oil Prices Down 10 Percent In July17 July 2016After a positive start in June, the trend in oil price mostly remained downward as the market continued to gauge the oil demand supply balance, showed an economic report Sunday....Opec Cut Compliance Reaches 122 Pc, Says Kuwaiti Oil Minister21 December 2017The compliance of OPEC and independent producers with oil output cuts in force since January reached an unprecedented level of 122 percent last month, Kuwait's oil minister sai...Rising Oil Prices Unlikely To Trigger New Gulf Boom Time24 January 2018Rising oil prices are easing fears of a financial crisis in the Gulf, but they look unlikely to trigger another economic boom in the region, a quarterly Reuters poll of private eco...Oil Expert, Analyst Attributes Fall In Oil Prices To 3 Main Factors27 May 2019Oil expert and analyst Mohammad Al- Shatti attributed the fall in oil prices to three main factors, reports Al-Rai daily. Al-Shatti in a statement to the daily said the first re...Al-ghanim Calls For Addressing Deficit, Illegal Residents, Oil Prices20 October 2020Kuwait Parliament speaker Marzouq Al-Ghanim said Tuesday he was looking forward to work with the government to address pressing issues, like budget deficit, low oil prices and ille...Oil Prices To Determine General Reserve’s Liquidity Rate14 December 2020The volume of liquidity currently available in the general reserve is close to about KD 1 billion. The stability of the liquidity rate during the coming months will depend on the o...Is Oil At $70 A Barrel The Magic Number14 March 2021LAST month, OPEC-Plus’ discipline in terms of the crude oil production pushed the oil price closer to the level of $70 per barrel. It led Saudi Arabia and its other partners...Kuwait To Be The Largest Beneficiary From The Rise In Oil Prices15 March 2021A report issued by Goldman Sachs expects a decrease in the financing needs of the Gulf states by about 10 billion dollars over the next three years. If oil prices continue to rise...Fitch Predicts Kuwait’s Economy To Recover, Rise In Oil Prices And Increase Spending30 March 2021In a recent report, Fitch Solutions expects the real spending of Kuwaiti families to recover and to grow by 4.1 percent annually after the Corona pandemic caused it to shrink 4 per...Oil Prices On The Rise As Supply Improves Slowly06 June 2021THE oil picture today is one of the best, with the best maestro managing every move and fine tuning along with the well experience players. They together moved the oil price to clo...Current Rise In Oil Prices To Reduce Deficit Of Public Budget05 July 2021Minister of Commerce and Industry and the former Minister of State for Planning and Development Dr Amani Bouresli says the current rise in oil prices will contribute to reducing th...Oil Prices To Stay Strong, Despite The ‘differences’18 July 2021THERE are indications of a compromise prior to the OPECPlus meeting next month, as some hard discussions are taking place behind closed doors. An overall agreement will be achieved...Oil Prices Hit Highest Level In 7 Years30 January 2022The oil prices at the end of last week recorded their highest levels in more than seven years due to the repercussions of the global geopolitical situation, especially in Eastern E...Gold And Oil Prices Rise Dramatically; Asian Markets Plunge08 March 2022Today, the price of oil and gold continued to rise. The price of gold briefly surpassed the two thousand dollars per ounce mark. The ramifications of the Russian-Ukrainian war on t...