Mubasher: The price of Kuwait’s crude oil increased by 1.35% or 79 cents to settle at $58.90 per barrel on Wednesday compared to $58.11 pb in the previous session, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices grew in line with a decline in the US crude inventories.
Brent crude, February futures, added 0.5% to $60.47 pb.
Nymex crude oil, January futures, added 0.4% to $51.33 pb.
