Kuwait Oil Price up 6 Cents to USD 20.28 pb


(MENAFN- Qatar News Agency) The price of Kuwaiti oil went up 6 cents Tuesday to reach USD 20.28 per barrel after standing at USD 20.22 pb the day before, said a statement by Kuwait Petroleum Corporation (KPC) Wednesday.

At the global level, the price of oil rose following reports an increase of demands on China's oil, according to Kuwait's News Agency (KUNA). The Brent mix stood at USD 28.76 per barrel. The price American crude settled at USD 28.46 pb.


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