Kuwait: Kuwaiti Deputy Prime Minister and Minister of Oil Dr Mohammad Al-Fares said Thursday the OPEC Plus alliance succeeded in managing the oil markets through a larger production increase than planned during July and August 2022.

Vienna: The price of OPEC’s basket of oils went down by USD 2.03 to reach USD 115.61 per barrel on Thursday against USD 117.64 pb the day before, announced the organization.

Kuwait: The Kuwaiti crude oil price rose by USD 2.98 during Tuesday’s trading session to hit USD 117.46 per barrel (pb), compared with USD 114.48 pb a day earlier, Kuwait Petroleum Corporation (KPC) said Wednesday.

NEW YORK: Polestar, the Swedish electric car brand, has rung the famous bell at the Nasdaq stock exchange in New York City to celebrate its public listing.

FRANKFURT: German inflation slowed slightly in June, official figures published Wednesday showed, as government measures to ease the pressure on consumers from rising prices took force.

BEIJING: China accused Group of Seven countries on Wednesday of irresponsibly sowing division after the forum condemned Beijing’s trade practices in an end-of-summit statement.

Kuwait: Kuwait crude oil gained USD 3.62 during Monday’s trading session to reach USD 114.48 per barrel (pb), compared with USD 110.86 pb last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

PARIS: Fossil fuel firms are misleading the public about their moves to cut greenhouse gases and curb climate change-and social media are hosting ads that perpetuate this “greenwashing”, researchers say.

LONDON: The UK government’s bid to scrap parts of post-Brexit trade arrangements in Northern Ireland cleared its first hurdle on Monday, despite EU warnings it is illegal and could spark a trade war.