Kuwait oil price up to USD 49.73 pb
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Sept 6 (KUNA) -- The price of Kuwaiti oil went up by 55 cents to USD 49.73 per barrel Tuesday after being at USD 49.18 pb the day before, said the Kuwait Petroleum Corporation (KPC) Wednesday.
At the global level, the prices went up due to the gradual resumption of operations at a number of US refineries after Hurricane Harvey, which led to an increase in demand for crude oil.
The price of the Brent crude went up by USD 1.04 to reach USD 53.38 per barrel, the same case with the American crude, which went up by USD 1.37 to USD 48.66 per barrel. (end) osj.gta
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.