Kuwait crude oil surged US$4.5 during Wednesday's trading to US$75.40 per barrel compared with US$70.90 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday. According to Kuwait News Agency (KUNA), Brent futures edged 34 cents higher to reach $73.90 pb and West Texas Intermediate rose 27 cents to $70.10 pb. Oil prices have increased amidst fears of tensions in the Middle East. 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: Emirates 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