NEW YORK, Oil price on Wednesday rose more than four percent after a ship ran aground in Egypt’s Suez Canal. Worries increased that the incident could delay crude shipments and increase prices after a slide over the last week. The US crude benchmarks and London-based Brent rose after US reserve figures showed a further rebound […]
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Kuwait oil drops USD 1.96 Wed. to USD 61.68 pb – KPC
KUWAIT, Kuwait oil dropped USD 1.96 during Wednesday’s trading sessions to reach USD 61.68 per barrel (pb) compared with USD 63.64 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday. Benchmark Brent leaped by USD 3.62 to USD 64.41 pb and West Texas Intermediate surged USD 3.42 to USD 61.18 pb. Source: Kuwait […]
USD up 0.302 against KD, Euro down to 0.357
– The exchange rate of the US Dollar up at KD 0.302, whereas the Euro went down to KD 0.357, compared to last Tuesday’s rates, said the Central Bank of Kuwait (CBK) Wednesday.On its daily bulletin, CBK added that the rate of the Sterling Pound was down…
USD stable at KD 0.301, Euro up to 0.360
The exchange rate of the US Dollar stabilized at KD 0.301, whereas the Euro went up to KD 0.360, compared to last Monday’s rates, said the Central Bank of Kuwait (CBK) Tuesday.On its daily bulletin, CBK added that the rate of the Sterling Pound was dow…
USD stable at KD 0.301, euro at KD 0.359
The exchange rate of the US dollar was stable at KD 0.301, while the euro dropped to KD 0.359 on Sunday, compared with Thursday’s rates.According to the daily bulletin of the Central Bank of Kuwait (CBK), the sterling went down to KD 0.419, Swiss franc…
Kuwait insurance division issues regulations
The Kuwaiti insurance regulation division has issued Decision (1/2021) for organizing the sector.The unit head, Mohammad Al-Otaibi, said in a statement, on Saturday, that issuance of the regulations ushered a new phase with respect of supervision and …