General

OPEC: Oil Price Drops to USD 64 pb

Vienna: Oil prices slightly dropped in November amid brokers’ pressure although the crude low stocks in the member states of the Organization for Economic Cooperation and Development (OECD) supported for the market fundamentals.

According to Kuwait…

Kuwait Oil Drops to USD 61.43 pb

Kuwait city: The price of Kuwaiti oil has decreased by 54 cents, reaching USD 61.43 per barrel on Wednesday. This decline is in comparison to the previous day’s price of USD 61.97 per barrel, as reported by the Kuwait Petroleum Corporation (KPC).

Ac…

Greek Finance Minister Elected New President of Eurogroup

Brussels: Eurozone finance ministers on Thursday elected Greek Minister of Economy and Finance Kyriakos Pierrakakis as President of the Eurogroup. Pierrakakis will assume office on 12 December 2025 for a two and a half year term, with the first Eurogr…