Mubasher: The price of Kuwait’s crude oil increased by 11 cents to settle at $75.69 per barrel (pb) on Monday compared to $75.58 pb in the previous session, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices declined on Monday in line with the increasing commercial tension between the US and China over worries from the US sanctions on Iran.
The Energy Information Administration (EIA) has expected the price of the shale oil in the US to increase in October.
