General

vBaghdad, Irbil Signs Deal on Oil Exports

Baghdad: Iraq’s government announced on Thursday reaching an agreement with the Kurdistan region on oil exports from the region and salaries of its staff. It is a move aiming to end the crisis of salaries and enhance federal control over oil resources…

vUS House Passes Spending Cut Package Worth $9 Billion

Washington: The US House of Representatives passed early Friday a package of nine billion US dollars in spending cuts to foreign aid and public broadcasting, handing a win to President Donald Trump. Some 216 representatives voted for the package while…

vKuwait Oil Price Decreases by 26 Cents to USD 70.12 Per Barrel

Kuwait city: The price of Kuwaiti oil experienced a decline of 26 cents, settling at USD 70.12 per barrel (pb) during Thursday’s trading session. This was a drop from the previous day’s price of USD 70.38 pb, as reported by the Kuwait Petroleum Corpor…