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Kuwaiti Oil falls to $ 41.56 a barrel
2016/11/03 | 12:20
(Encyclopedia of the Day News | Iraq News ) - Kuwait - straightforward: the price of a barrel of Kuwaiti oil fell $ 1.32 in trading Wednesday to $ 41.56, compared to $ 42.88 a barrel in trading on Tuesday, according declared Kuwait Petroleum Corporation for the price.
On world markets, oil prices fell on the impact of fears of oversupply, after the US Energy Information Administration said that crude oil inventories in the United States rose by a record 14.4 million barrels in the past week.
The price of a barrel of oil has fallen World London Brent crude $ 1.28 to reach the level of $ 46.86, as the price per barrel of crude West Texas Intermediate fell US $ 1.33 to reach the level of $ 45.34.
Oil prices rose during trading on Thursday, supported by the US dollar's decline, even though data showed a rise in US crude inventories more than expected last week.
Energy Information Administration reported that US oil inventories rose by 3.1% or by 14.4 million barrels last week, while expectations "Platts" showed an increase of 1.9 million barrels only.
http://hathalyoum.net/1146717
On world markets, oil prices fell on the impact of fears of oversupply, after the US Energy Information Administration said that crude oil inventories in the United States rose by a record 14.4 million barrels in the past week.
The price of a barrel of oil has fallen World London Brent crude $ 1.28 to reach the level of $ 46.86, as the price per barrel of crude West Texas Intermediate fell US $ 1.33 to reach the level of $ 45.34.
Oil prices rose during trading on Thursday, supported by the US dollar's decline, even though data showed a rise in US crude inventories more than expected last week.
Energy Information Administration reported that US oil inventories rose by 3.1% or by 14.4 million barrels last week, while expectations "Platts" showed an increase of 1.9 million barrels only.
http://hathalyoum.net/1146717
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