Kuwait oil price up USD 1.58 to USD 50.87 pb

The price of Kuwaiti oil went up by USD 1.58 to USD 50.87 per barrel on Thursday after being at USD 49.29 pb the previous day, said the Kuwait Petroleum Corporation (KPC) Friday.

At the global level, the price of the Brent crude went up by 11 cent to USD 48.23 per barrel, the same case with the West Texas Intermediate, which went up by nine cents to USD 51.29 pb.

Source: Kuwait News Agency