The price of Kuwait’s crude oil declined by $1.84 on Monday, 24 February, to reach $56.75 per barrel (pb) as compared to KWD 58.59 pb last Friday, according to the official prices by Kuwait Petroleum Corporation (KPC).
On the global level, prices retreated by around 4% on Monday in line with anticipated developments regarding the new coronavirus (COVID-19), while rising at the beginning of Tuesday’s trading session as investors concluded transactions.

Rafael Nadal marries partner of 14 years, Xisca Perello
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4326 | the publication reaches you by | Kuwait OnlineInvestors are currently anticipating the announcement of the US crude inventories’ initial data for the last week later on Tuesday.
Meanwhile, the US Energy Information Administration (EIA) is set to release the official data on Wednesday.
Early Tuesday, Brent futures for April levelled up by 0.7% to $56.71 pb, while the US Nymex futures for April rose by 0.5% to $51.68 pb.

Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
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Category: #Business | 2020/02/26 latest update at 10:00 AM
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