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Kuwaiti Oil Prices Reach $74.66 a Barrel

The price of Kuwaiti crude oil dropped by $0.74 to reach $74.66 per barrel in yesterday’s trading, down from $75.40 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude f…

Omani Oil Prices Rise $3.24 a Barrel

The official price of Oman oil today, for delivery in December, reached $77.81. This was an increase of $3.24 compared to yesterday’s price (Thursday) of $74.57.

It is worth noting that the monthly average price of Omani crude oil for delivery in Oc…

Gold Rises on Safe-Haven Demand, Focus on US Payrolls Data

Gold prices rose on Friday, supported by safe-haven demand arising from the Middle East conflict, while focus shifted towards US payrolls report to gauge the trajectory of the Federal Reserves policy path.

Spot gold was up 0.3% at $2,662.50 per ounc…

Oil Edges Up on Middle East Conflict

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.

Brent crude futu…