Business

Oil prices stabilize after days of losses

Oil prices witnessed a slight rise on Wednesday, recovering some gains after a series of continuous losses over the days, thanks to the decline in concerns about the conflict in the Middle East and lower expectations about Chinese demand.

Brent

Iraq is the fourth largest oil exporter to China during the month

The Chinese Customs Administration announced today, Wednesday, that Iraq ranked fourth among the largest oil exporters to China during the month of July.

The Administration showed, in its statistics, that “Iraq’s oil exports to China during the month…

Kuwait, UAE’s Fujairah sign gravel-exporting MoU

Kuwait’s Ministry of Public Works and the Fujairah Natural Resources Corporation signed on Wednesday a Memorandum of Understanding (MoU) to export standard specification gravel from the UAE to Kuwait.

Post MoU-signing with Fujairah Corporation Direc…

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