Kuwait crude oil surged USD 4.5 during Wednesday's trading to USD 75.40 per barrel compared with USD 70.90 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday. Brent futures edged 34 cents higher to reach USD 73.90 pb and West Texas Intermediate rose 27 cents to USD 70.10 pb. Oil prices have increased amidst fears of military escalation in the Middle East which may affect oil supplies. The joint ministerial monitoring committee of OPEC+ said during its meeting yesterday that member countries should abide by their production quotas, and would be monitoring the compliance. Source: Kuwait News Agency
EDGE Successfully Completes First Dynamic Test of UAE-Designed 155mm Artillery Ammunition
October 28, 2026
Abu Dhabi:EDGE Group’s ammunition manufacturer, LAHAB, has completed the first dynamic test firing of its 155mm Extended Range Full Bore