Kuwaiti oil price down 36 cents to stand at USD 58.44 per ba...| MENAFN.COM

Wednesday, 01 February 2023 06:27 GMT

Kuwaiti oil price down 36 cents to stand at USD 58.44 per barrel


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Nov 18 (KUNA) -- The price of Kuwaiti crude oil went down 36 cents and settled at USD 58.44 per barrel, compared to USD 58.80 per barrel since last Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday.

In world markets, oil prices were up after comments made by Saudi Energy Minister, expressing wishes on behalf of his country to extend the agreement made by OPEC members to lower production, during their 30th meeting at the end of this month.

Oil crude price Brent mixed was up USD 1.36 to stand at USD 62.72 while the US crude Western Texas oil was also up USD 1.41 and settled at USD 56.55 per barrel. (end) asj.mb

MENAFN1811201700710000ID1096106809


Legal Disclaimer:
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.