Kuwaiti oil price up USD 1.16 to USD 76.66 pb

KUWAIT, The price of Kuwaiti oil went up by USD 1.16 to reach USD 76.66 per barrel (pb) on Wednesday, compared to USD 75.50 pb the day before, Kuwait Petroleum Corporation (KPC) announced Thursday.

The Brent crude contracts up to USD 78.83 pb after reaching USD 79.66 pb, its’ highest level since late May’s USD 80 pb.

The American crude contracts went up 35 cents to reach USD 69.60 pb.

Source: Kuwait News Agency