OPEC price up to USD 61.03 pb

VIENNA– The OPEC daily basket price went up 91 cents to reach USD 61.03 per barrel (pb) on Friday, compared with USD 60.12 pb the day before, the OPEC said Mobnday.The average annual rate of the basket, in 2016, hit USD 40.76 pb, it added.OPEC’s Refer…

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Iraq, Iran conclude oil export deal

Iraq and Iran have hammered out a contract for exporting 30,000-60,000 barrels of oil per day from northern Kirkuk fields to Iran.Signed by the Iraqi oil marketing company (SOMO), the contract provides that the Iraqi side will transfer 30,000-60,000 qu…

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FIFA LIFTS BAN ON KUWAITI FOOTBALL

KUWAIT CITY, Kuwait, Visiting FIFA President, Gianni Infantino, announced Wednesday, in Kuwait, that, a two-year ban imposed on Kuwait’s football federation, has officially been lifted.Meeting with the Kuwaiti Emir, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sa…

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