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Kuwaiti Oil Prices hike 29 Cents to $123.16 pb: KPC
The price of Kuwaiti crude rose by 29 cents to $123.16 per barrel yesterday, in comparison to USD 122.87 per barrel…
New Gas Field found: Turkmenistan
A new natural gas field has been discovered in Turkmenistan, state TV reported. The gas field that can produce up…
Kuwait, Japan’s Longstanding Energy Cooperation
Japanese Economy, Trade and Industry Minister Yukio Edano expressed gratitude to Kuwait for maintaining stable…
Gold falls below $1,690/oz after the slide of Euro
Gold prices fell more than 1 percent in Europe on Tuesday, pushing through support at $1,690 an ounce, as jitters…
Rupee Nears Its Lowest Within A Month
India's rupee fell to the lowest level in more than a month on speculation foreign funds will cut purchases of…
Euro declines for the fifth day versus Yen
The euro declined for a fifth day against the yen after a European report showed the region’s economy contracted…
Koreans develop Abu Dhabi oil fields
South Korea has signed a multi-billion dollar deal with Abu Dhabi National Oil Company (Adnoc) to develop three new…
Global harvest of wheat declines as the yields diminish to average
Australia’s government commodity forecaster said that the wheat crops worldwide will probably decline 2 % in the…
Oil rises on NYMEX electronic trading
Prices of crude oil futures contracts rose in the U.S. electronic trading on the New York Mercantile Exchange…
Egyptian Companies to extend in Arab, International Oil Markets
Minister of Petroleum and Mineral Wealth Abdallah Ghorab stressed that the Egyptian companies will be extended in…