Market

Kuwait oil price up 23 cents to USD 71.00 pb Tuesday

The price of Kuwaiti oil went up 23 cents Tuesday to reach USD 71.00 per barrel (pb), after being at USD 70.77 pb last Monday, said Kuwait Petroleum Corporation (KPC) Wednesday.

The Brent crude went up by 38 cents to settle at USD 73.44 pb, while the West Texas Intermediate was also up by 63 cents to reach USD 68.52 pb.

Source: Kuwait News Agency