Business

Basra crude records losses for the fifth week in a row

Basra crude “heavy and medium” recorded losses for the fifth week in a row, at a time when global oil prices recorded the first gains after four weeks of losses.

Basra heavy crude closed in its last session yesterday, Friday,

US aids Ukraine with USD 3.9 bln

The US announced USD 3.9 billion as direct aid to the Ukrainian government budget.

The financial aid will be delivered through the United States Agency for International Development (USAID), in coordination with the United States Department of the Tr…

US data shows decline in jobless

US unemployment rate dropped, giving a positive push to the stock market, according to a Labor Department report.

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market, the report issued Thursday showed.

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