The price of Kuwaiti oil went up by 40 cents to USD 53.27 per barrel Friday after being at USD 52.87 per barrel Thursday, Kuwait Petroleum Corporation (KPC) said Saturday.
At the global level, the price of oil went up after the US imposed sanctions on Iran due to the latter country testing a ballistic missile.
Reports regarding an increase in demand for energy resources also played part in the increase, Kuwait News Agency (KUNA) reported.
The Brent crude went up by 25 cents to USD 56.81 per barrel, the same case with the West Texas Intermediate which went up by 29 cents to USD 53.83 per barrel.
GMT 23:49 2017 Monday ,23 October
Kuwaiti oil price up 49 cents to US$54.61 per barrelGMT 23:59 2017 Tuesday ,26 September
Kuwaiti oil price up 56 cents to US$54.50 pbGMT 23:23 2017 Sunday ,24 September
Kuwaiti oil price up 61 cents to USD53.31 pbGMT 23:54 2017 Wednesday ,20 September
Kuwaiti oil price up 36 cents to US$52.66 pbGMT 16:59 2017 Friday ,15 September
Kuwaiti oil price up 79 cents to US$51.56 pbMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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