Kuwait Oil Price up USD 1.04 to USD 51.90 Pb
Kuwait Petroleum Corporation
Kuwait - QNA
The price of Kuwait oil went up Wednesday by USD 1.04 to reach USD 51.90 per barrel as oppose to USD 50.86 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday.
At the global level, the price of oil continued to soar as the date for executing the agreement to lower production between OPEC and other major oil producers nears.
The price of the Brent crude went up by 13 cents to reach USD 56.22 per barrel. The West Texas Intermediate also went up by 16 cents to reach USD 54.06 pb.
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