Category: Production

Kuwait Oil Price Down $1.14 to $71.14

The Kuwaiti oil price fell $1.14 to $71.14 per barrel on Tuesday, compared with $72.28 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.

Globally, Brent crude went down by 30 cents to $71.12 pb, and West Texas

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Dollar Steady ahead of US Jobs Data

The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for US monetary policy.

The US dollar index, which measures the currency against six major rivals including

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Qatar Insurance Company’s Profit Rise 16%

Qatar Insurance Companys net profits increased by 16 percent in the first nine months of this year, reaching QR 517.727 million riyals, compared to QR 446.294 million riyals for the same period last year.

The financial statements issued by the

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