Market

World Bank Lowers Global Growth Forecast to 2.3 Percent

Washington: The World Bank on Tuesday lowered its global growth forecast for 2025 to 2.3%, citing ongoing global trade tensions, while warning that the current decade will witness the weakest growth in sixty years.

According to Qatar News Agency, in…

Kuwaiti Oil Price Rises by 1.36 USD per Barrel

Kuwait City: The price of Kuwaiti oil increased by $1.36, reaching $66.35 per barrel in trading on Monday, up from $64.99 per barrel in the previous Friday’s trading, according to the price announced by the Kuwait Petroleum Corporation.

According to…

Omani Oil Price Rises $1.3 a Barrel

Doha: The official price of Omani crude oil for delivery next August stood Tuesday at $66.82. Today’s price is up by $1.3 compared with Monday’s level of $65.79.

According to Qatar News Agency, the monthly average price of Omani crude for June deli…