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MENAFN - Kuwait News Agency (KUNA) - 18/11/2012

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(MENAFN - Kuwait News Agency (KUNA)) The price of Kuwait crude oil went up in Friday's transactions by USD 0.18 to USD 107.07 pb compared to USD 106.89 last Friday, Kuwait Petroleum Corporation (KPC) said on Saturday.

Kuwaiti crude prices rose in the past two day due to the escalating tension in the Middle East between the Israelis and the Palestinians.

US Light, sweet crude for December delivery rose to USD 1.22 to settle at USD 86.67 a barrel on the New York Mercantile Exchange.

Brent crude future exchanges settled went up USD 0.94 cents to settle at USD 108.95 a barrel.

 






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