The price of Kuwaiti oil went up by 79 cents to US$51.56 per barrel Wednesday as oppose to US$50.77 pb Tuesday, said Kuwait Petroleum Corporation on Thursday.

According to the Kuwait News Agency, the price of Brent crude went up by 89 cents to US$55.16 per barrel, the same occurred with the West Texas Intermediate, which went up by US$49.30 pb.