The price of a barrel of Kuwaiti oil rose $1.45 to reach $78.20 per barrel in yesterday’s trade, Thursday, compared to $76.75 in the previous day’s trade yesterday, according to the price announced by the Kuwait Petroleum Corporation.
In global markets, oil prices rose yesterday for the third session in a row after US jobs data eased concerns about a decline in demand for oil and helped prices recover from their previous lows. their lowest in eight months was recorded in trading last Monday.
The settlement price for Brent crude futures was set at $79.16 a barrel, an increase of 83 cents, while US West Texas Intermediate crude futures rose 96 cents to reach $76.19 a barrel at settlement.
A report released yesterday by the US Department of Labor showed a decline in the number of unemployment claims in the United States, which gave a positive boost to the financial and energy markets and achieved some balance compared to a report published last week, which he himself then. marked a sharp decline in the country’s growth.
The report said that the number of applications for unemployment benefits for the first time reached 233,000 applications last week, a decrease of 17,000 applications from the level of the previous week, which is below the estimates of the Dow index Jones, who expected Americans. submit about 240,000 applications.
2024-08-09 08:10:00
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