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Category: Business

Oil prices jump nearly 3 % as US inventories fall

Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.

Brent crude futures for September delivery rose $2.09 per barrel, or 2.66 %, to $…

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Kuwait Bourse Closes Lower

Kuwait Bourse closed Thursday trading as the All Share Index lost 25.28 points to reach 7,214.13 points, a decrease of 0.35 percent.

As many as 207.7 million shares valued at KWD 49.4 million (roughly USD 151 million) were traded via 12,737 transacti…

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