KUWAIT: The Price of Kuwait oil dropped by 93 cents to settle at US$79.80 per barrel on Friday vis a vis US$80.73 pb on Thursday, Kuwait Petroleum Corporation said on Saturday. According to Kuwait News Agency (KUNA), in international markets, forwards of Brent crude oil rose by $1.17 to reach $78.76 pb while those of the West Texas Intermediate crude climbed by $1.62 to settle at $73.81 a barrel. Source: Emirates News Agency
5.3-Magnitude Earthquake Strikes North of Namuac, Philippines
Namuac: An earthquake measuring 5.3 magnitude struck 65 kilometers north of Namuac in the Philippines at 22:01 GMT on Wednesday,