Oil prices

Asian stock markets were mostly lower Thursday after Japanese factory activity and Chinese service industry growth weakened.

Asian stocks were mixed Monday as traders looked ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank.

Kuwait oil price climbed by USD 1.17 to USD 83.03 per barrel on Thursday vis a vis USD 81.86 pb on Wednesday.

Japan’s trade deficit for the first half of this year totaled nearly 8 trillion yen ($58 billion).

US inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food and rent, and pricier cars and hotel rooms.

Australia’s central bank lifted its benchmark interest rate to 0.35% from 0.1%.

Japan's trade deficit widened in March, pushed higher by soaring oil prices and a weakening yen.

Oil prices rose more than $1 per barrel.