The price of Kuwaiti oil was down by 52 cents to USD 50.64 per barrel Monday after being at USD 51.16 pb on Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.
The global price of oil went up yesterday due to statements by Saudi Arabia which affirmed its commitment to lowering production, Kuwait News Agency (KUNA) reported.
The Saudi reassurance lessened the impact of a US report regarding the increase of oil production in 2017.
The Brent Crude was up by 41 cents to USD 55.86 per barrel, the same case with the West Texas Intermediate which went up by 27 cents to USD 52.64 pb.
GMT 21:38 2017 Thursday ,16 February
Kuwait Oil Price Down 25 cents to $52.30 pbGMT 19:10 2017 Saturday ,11 February
Kuwait Oil Price Up 31 Cents to $52.12 per BarrelGMT 17:24 2017 Wednesday ,08 February
Kuwaiti Oil Price Up 29 Cents to $52.98 per BarrelGMT 17:21 2017 Sunday ,05 February
Kuwait Oil Price Up 40 Cents to USD 53.27 per BarrelGMT 18:06 2017 Saturday ,28 January
Kuwait Oil Price Up 27 Cents to USD 51.73 per BarrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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