The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, said the Kuwait Petroleum Corporation (KPC) on Thursday. On a global scale, the price of the Brent crude futures' contracts went up by USD 1.10 to USD 87.34 pb, as did the West Texas Intermediate, going up USD 1.07 to USD 83.88 pb. Source: Kuwait News Agency
Arab League Secretary-General Condemns Houthi Attack on Saudi Arabia’s Najran
Eugene: Nabil Fahmy, Secretary-General of the League of Arab States, has condemned an attack by the Houthi group targeting the