Business

US CPI Rises 0.4% Over Higher Oil Prices

Us consumer price index rose 0.4 percent in august:S consumer price index rose 0.4 percent in August, accelerating from a 0.1 percent increase in July, driven mainly by higher petrol prices, according to the Labor Department. Annual consumer inflation…

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…

QatarEnergy Finalizes Offshore Block Deal with Angola

Luanda: QatarEnergy, in collaboration with its partners Shell and Sonangol E and P, has signed an agreement with Angola’s National Agency for Oil, Gas, and Biofuels (ANPG) concerning Blocks 8 and 22 offshore the Republic of Angola. The agreement marks…