Market

Kuwaiti Oil Price Up by $3.76 a Barrel

Kuwait city: Kuwait crude oil price rose by $3.76 to reach $121.82 per barrel (pb) on Tuesday’s trading, compared to $118.06 pb on Monday, Kuwait Petroleum Corporation (KPC) said Wednesday.

According to Qatar News Agency, in global markets, Brent cr…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…