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US Economy Grows by 2.8 percent in Q2

The US economy grew by 2.8 percent in the second quarter of this year, after growing by 1.4 percent year-on-year in the first quarter.

Data from the US Department of Commerce released Thursday showed that the US economy grew more than expected during…

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Kuwait Oil Price Down to USD 82.61 PB

Price of Kuwaiti oil dropped USD 1.29 to settle at USD 82.61 per barrel on Wednesday compared with USD 83.90 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Thursday.

Globally, the price of Brent crude rose by 70 cents to USD 81.71 p…

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