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Oil Falls as US-Iran Peace Talks Loom

Istanbul: Oil prices fell for a second day on Wednesday on expectations peace talks between the US and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. Brent crude …

Kuwaiti Oil Price Rises by USD 5.64

Kuwait city: The price of Kuwaiti crude oil rose by USD 5.64 to USD 106.67 per barrel in trading on Monday, according to data released by the Kuwait Petroleum Corporation. This increase marks a significant shift in the pricing dynamics of Kuwaiti crud…