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May 3, 2025

Oil Records Biggest Weekly Decline Since Late March

Doha: Oil prices fell by more than one percent at settlement on Friday to mark the biggest weekly losses since late March. The decline was driven by cautious sentiment among traders ahead of an upcoming OPEC+ meeting that will determine production pol…

Kuwait Crude Oil Price Drops by 2.41 USD per Barrel

Kuwait City: The price of Kuwait crude oil dropped by 2.41 USD, settling at 62.41 USD per barrel in Friday’s trading, compared to 64.82 USD per barrel on Wednesday.

According to Qatar News Agency, on the global market, Brent crude futures fell by 84…