Price of Kuwait crude oil went up 88 cents on Friday to USD 33.28 per barrel against USD 32.40 pb on Thursday, Kuwait Petroleum Corporation said on Saturday.
In international markets, oil prices decreased on Friday due to the US dollar recovery after falling in previous sessions, in addition to decline of the American crude output by 52,000 barrel per day reaching 9.1 million pbd in January.
In March, the crude oil prices rose to the highest level since middle of the past year. American contracts also climbed 14 percent in March and four percent in Q1 2016.
Contracts of the Brent Blend posted the best performance since April 2015, rising by six percent in the Q1 2016.
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OPEC Daily Basket Price Rises to $49.54 Per BarrelMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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