Kuwaiti oil price up 62 cents to USD 75.50 pb

KUWAIT, The price of Kuwaiti oil went up by 62 cents to reach USD 75.50 per barrel (pb) on Tuesday, compared with USD 74.88 pb the day before, Kuwait Petroleum Corporation (KPC) announced Wednesday.

Brent Crude oil gained USD 1.69 and closed at USD 79.06 pb.

Meanwhile, light crude gained USD 1.71 and closed at USD 69.25 pb.

Source: Kuwait News Agency