Kuwait's crude oil jumps to $75.88 pb Tuesday - KPC

Mubasher: The price of Kuwait's crude oil increased by 63 cents to settle at $75.88 per barrel (pb) on Tuesday when compared to $75.25 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC). 

At the global level, oil prices decreased in line with the anticipation for the US oil inventories' increase.

It is worth noting that the Organization Of Petroleum Exporting Countries' (OPEC) output rose by 420,000 barrel per day (bpd) during August.  

Mubasher Contribution Time: 05-Sep-2018 08:22 (GMT)
Mubasher Last Update Time: 05-Sep-2018 08:32 (GMT)