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Kuwaiti Oil Prices Fall USD 1.45 a Barrel

Kuwait city: The price of Kuwaiti oil decreased by USD 1.45, bringing it to USD 116.65 per barrel in yesterday’s trading. This marks a drop from USD 118.10 the day before, as announced by the Kuwait Petroleum Corporation.

According to Qatar News Age…

IEA Cuts Forecast for Global Oil Demand in 2026

Paris: The International Energy Agency (IEA) has lowered its forecast for global oil demand in 2026, expecting consumption to decline by 2.5 million barrels per day, compared with a decrease of 1.6 million barrels per day projected in its August estim…