GulfBase Live Support
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 |
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
07/01/2026
The political upheaval in Venezuela has pushed one of the world's most underdeveloped oil provinces back into the spotlight. While oil prices themselves have remained restrained, equity markets have
Gulfnews