The price of Kuwaiti oil went down USD 1.36 to USD 80.47 pb on Friday's trading, compared to USD 81.83 pb on Thursday, according to Kuwait Petroleum Corporation (KPC). In the global markets, oil prices declined Friday to stabilize at their lowest levels since January 2024, following data showing that the U.S. economy added fewer jobs than anticipated in July. Additionally, Chinese economic data indicated weak manufacturing activity in July for the third consecutive month. On a global scale, the price of the Brent crude futures' contracts went down USD 2.17 to settle at USD 76.81 pb, as did the West Texas Intermediate crude, down USD 2.79 to USD 73.52 pb. (QNA) Source: Qatar News Agency
Related Articles
China plans measures to stimulate the economy — official
China on Saturday declared plans for stimulating its economy by amending lending policies and issuing treasury bonds to back up major banks and the property sector.
Minister of Finance Lan Fo’an said at a news conference that the government would soo…
Kuwait Stock Exchange Closes Lower
Kuwait Stock Exchange’s general index closed its trading today with a decrease of 7.6 points, reaching a level of 7,015.52 points, a decrease of 0.11 percent.
A total of 144.10 million shares were traded in 9,445 cash transactions with a value of KD…
Japanese Stocks Rise in Early Trading
Japanese stock indices rose on the Tokyo Stock Exchange at the beginning of Tuesday’s trading session.
The Nikkei 225 index rose 1,061.89 points, or 3.03 percent, to 36,086.89 after midday trading.
The broader Topix index added 57.28 points, or 2.31…