Kuwaiti crude up to USD 101.92 pb
Kuwait - Kuna
The price of Kuwaiti crude oil was up USD 0.75 per barrel (pb) to come to 101.92 pb on Monday, compared to Friday's USD 101.17 pb, said Kuwait Petroleum Corporation on Tuesday.The increase of oil prices yesterday comes within the framework of stability in international markets, and especially after European leaders promised to contain the eurozone debt crisis.The OPEC basket, which is the virtual point of reference for oil markets, includes Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).
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