Business

Basra crude oil declined despite the rise in global oil prices

Baghdad, The prices of Basra heavy and medium crude oil fell today, Thursday, despite the rise in oil prices in global markets.

The prices of Basra Heavy crude fell by 66 cents to reach $78.66 per barrel, and the prices of Basra Medium crude fell by …

Oil prices return to rise upon settlement

Baghdad, Oil prices rose at the settlement at the end of trading on Wednesday, after three consecutive days of losses.

Brent crude futures contracts rose by $1.35, or 1.61 %, to reach $85.08 per barrel at settlement.

US West Texas Intermediate crude…

Kuwait’s June trade surplus with Japan up 32.7 pct.

TOKYO, Kuwait’s trade surplus with Japan widened 32.7 percent from a year earlier to JPY 90.1 billion (USD 556 million) in June, up for the second consecutive month buoyed by strong exports, government data showed on Thursday.

Kuwait stayed in black …