Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- UAE firms step up sustainability investment, outpace global peers: HSBC
- Mashreq launches fully digital home loan pre-approval for UAE buyers
- France eyes win-win partnerships with Kuwait as bilateral ties grow
- QSE sees advent of Qatar's first sustainability-compliant banking bond
- Real estate activity hits QR1.99bn across 456 deals in December
- European stocks open higher
- Geopolitical concerns drag QSE down 143 points; M-cap erodes QR7.66bn
- Continued strength and stability of the Omani economy: IMF
- Bahri, Hadeed in talks on maritime transport collaboration
- IHC, US DFC enter major deal to mobilise capital to invest in key sectors
09/01/2026 03:45 AST
The price of Kuwaiti oil went down by USD 1.09 to reach USD 57.05 per barrel on Wednesday, compared to USD 58.14 on Tuesday, the Kuwait Petroleum Corporation (KPC) reported.
In global markets, the price of Brent crude went down by 74 cents to reach USD 59.96 per barrel, while the West Texas Intermediate went down by USD 1.14 to reach USD 55.99
The Peninsula
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 63.02 | 0.32 | 0.51 |
| WTI | 58.81 | 0.4 | 0.68 |
| OPEC Basket | 58.76 | 0.25 | 0.43 |
16/01/2026
Oil prices retreated from multi-month highs on Thursday and gold eased from a record peak after US President Donald Trump calmed market anxiety over potential US military action against Iran.
Asharq Al Awsat
11/01/2026
Iraq's oil minister said on Saturday that talks were ?ongoing ?with ?US ?major Chevron regarding ?the Lukoil-operated West Qurna-2 field, the Russian company's ?largest foreign ?asset.
Chevr
Asharq Al Awsat
11/01/2026
Oil prices steadied on Friday as concerns about potential disruption to Iran's output were offset by expectations of increased supply from Venezuela.
Brent futures gained 18 cents, or 0.3 pe
Reuters
09/01/2026
Oil prices are drifting lower with a stubborn sense of inevitability, weighed down by swelling supply and an unconvincing geopolitical risk premium, even after the shock of a US strike in Venezuela.
Khaleej Times
08/01/2026
There were likely many motives behind America's capture and arrest of Venezuelan President Nicolas Maduro on Saturday, but one little-discussed factor could be the White House's concerns about the wa
Reuters
Financial Information Co.
Saudi Arabia