General

KPC: Kuwait oil price rises to USD 85.53 pb


Price of the Kuwaiti crude oil rose USD 1.13 to settle at USD 85.53 per barrel on Tuesday vis a vis USD 84.40 pb on Monday, Kuwait Petroleum Corporation said on Wednesday.

In international markets, forwards of the Brent crude moved up by USD 1.12 to reach USD 84.22 pb and those of the West Texas crude oil moved up by USD 2.11, settling at USD 79.83 a barrel.

Source: Kuwait News Agency