Kuwait oil price up 98 cent to USD 54.71 pb

The price of Kuwaiti oil went up by 98 cent to USD 54.71 per barrel on Thursday after being at USD 53.73 pb the previous day, said the Kuwait Petroleum Corporation (KPC) Friday.

At the global level, the price of the Brent crude went up by eight cent to USD 54.38 per barrel, the same case with the West Texas Intermediate, which went up by 20 cents to USD 50.83 pb.

Source: Kuwait News Agency