image description
image description
Tell A Friend

FinancialNews


  • 30-05-10

    Kuwait: Oil price could fall to $60 a barrel

    (MENAFN) Kuwait's national representative to Opec said that crude oil prices could fall to $60 a barrel due to global economic instability, Kuwaiti daily newspaper Al-Seyassah reported. The official said that the range of $70-$80 per barrel, is a fair one for both consumers and producers. The drop in prices could continue and reach $60 a barrel and it is an issue correlated to the global economy, she added. Benchmark US crude futures fell to $73.97 a barrel, posting their worst monthly loss since December 2008. Kuwait is the world's fourth-largest oil exporter.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved