Kuwait Oil Price Up to USD 76.75 pb

The price of Kuwaiti oil went up 47 cents to USD 76.75 pb on Wednesday, compared to USD 76.28 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday, according to Kuwait’s news agency (KUNA).

On a global scale, the price of the Brent cru…

Oil Prices Rise Amid Sharp Fall in US Crude Inventories

Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.

Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US …

QSE Index Declines Marginally at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 1.10 points, or 0.01%, at the beginning of trading on Thursday, reaching 10,075 points, compared to yesterday’s closing.

QSE general index showed a positive performance in Insurance by 1.4…

China’s Foreign Exchange Reserves Up 1.06 Percent in July

China’s foreign exchange reserves totaled 3.2564 trillion US dollars as of the end of July, up by 34 billion dollars, or 1.06 percent compared to the end of June, the latest data showed.

The State Administration of Foreign Exchange said in a statemen…

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