OPEC crude price rises $1.67
Vienna - Qna
The price of the 12-crude basket of the Organization of Petroleum Exporting Countries (OPEC) on Thursday rose USD 1.67 to settle at USD 109.58 per barrel compared to USD 107.91 pb on Wednesday, the cartel said Friday. OPEC\'\'s bulletin said the annual basket average price came to USD 77.45 pb. Kuwaiti crude is one in a basket of 12 crudes produced by OPEC members, along with Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela). Oil ministers of OPEC member states agreed, at a meeting held on June 8, on maintaining the current crude output ceiling, at 24.590 million barrels per day. They also agreed to keep close monitoring of the market conditions in the last quarter of the year
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With Job Cuts, China Deal
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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