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Wednesday , June 19 2019

Tag Archives: Oil price

Oil price hike to record budget surplus in fiscal 2018/’19

State to increase production of non-associated gas up to 500 mln cubic feet per day KUWAIT CITY, June 20: Governmental and private investments support the …

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Oil price rise boosts Kuwait’s fiscal position; credit growth remains ‘modest’ during March

 Inflation up fractionally to 0.7% y/y in April but continues to be subdued by soft food and housing figures By National Bank of Kuwait KUWAIT …

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Oil price above $71: Is it good news for producers? – Output cuts strategy working so well

Of course, oil price above $71 level is good news for all oil producing countries, as they are enjoying higher income, closing the gaps of …

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Oil price to stay at $50-55: Kuwait – Strategy on track

KUWAIT CITY, Sept 6, (AFP): Kuwaiti Oil Minister Essam al-Marzouk has said he expects oil prices to stay between $50 and $55 a barrel and …

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Stable crude oil price is now harming OPEC – Shale taking advantage of situation

The dip in oil prices to below $49 per barrel last Friday should not go unnoticed. Some real challenging questions were raised concerning the reason …

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Kuwait ‘well positioned’ to ease lower oil impact – Continued reform policies key: IMF

WASHINGTON, Jan 17, (KUNA): Kuwait is “well positioned” to alleviate lower oil prices impact on the economy, the IMF said on Tuesday, as large financial …

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Oil prices to reach $60 pb by end 2016, says Al-Ofuq chief – ‘OPEC members need to commit themselves to the deal’

KUWAIT CITY, Dec 4, (KUNA): Oil prices have been on the rise by 15 percent since the Organization of Petroleum Exporting Countries (OPEC) decided on …

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Global stocks slip on US poll worry; crude oil prices weak – Dollar tumbles against safe haven Swiss franc

NEW YORK, Nov 4, (Agencies): Global equity markets slipped amid investor concerns about the outcome of the US presidential election on Nov 8, while oil …

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Kuwait breakeven oil price lowest in GCC – Gulf GDP growth for 2016 to be lower by 10 bps; 2017 forecasts left unchanged

KUWAIT CITY, Oct 23: Oil production estimates for the GCC was raised yet again by the IMF for 2016, while keeping estimates for 2017 unchanged. …

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Crude producers finally agree common ground – Prices at highest level this year

Oil price is hitting its highest level so far this year with Brent at $52 per barrel. The barrel is closing at a much better …

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