The Kuwaiti oil price fell 33 cents to USD 77.29 per barrel (pb) on Thursday, compared to USD 77.62 pb the previous day, Kuwait Petroleum Corporation (KPC) announced on Friday. Globally, the price of Brent crude went up by USD 2.82 to USD 79.40 pb, and West Texas Intermediate crude also rose by USD 2.61 to USD 75.85 pb. In the U.S., the world's top oil consumer, hurricane Milton slammed into Florida's already storm-blasted west coast Wednesday evening, causing nearly 2,000 Florida gas stations to run out of fuel and leaving more than 3.4 million houses and companies without power. The U.S. Labor Department reported Thursday that applications for jobless claims shot up by 33,000 to 258,000 for the week of October 3, which is the most since August 5, 2023 and well above the 229,000 analysts were expecting. Source: Kuwait News Agency
Related Articles
Seizure of a garage prepared for smuggling oil and its derivatives in Anbar Governorate
Security forces seized a / garage / prepared for smuggling oil and its derivatives in Anbar Governorate.
The Ministry of Interior stated in a statement: A force affiliated with the Second Brigade / Energy Police seized a / garage / prepared for smug…
Discussing offices performance and ways to improve services in Al Bayda
A meeting in Al Bayda province today, Tuesday, headed by Governor Abdullah Idris, discussed the level of performance and ways to improve services in various areas of the province.
The meeting, which included service office managers, reviewed the task…
Prime Minister and Minister of Foreign Affairs Meets Crown Prince of Abu Dhabi
HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met at the Amiri Diwan on Tuesday with HH Crown Prince of Abu Dhabi of the United Arab Emirates Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, who is…