The price of Kuwaiti oil went up by 27 cents to USD 51.73 per barrel Friday as oppose to USD 51.46 pb the day before, said Kuwait Petroleum Corporation (KPC) Saturday.
Globally, the price went down after data showed an increase in oil drilling rigs in the US. The decrease was also attributed to investors' doubts regarding the validity of the decision to cut down oil production by world major producers, Kuwait News Agency (KUNA) reported.
The price of the Brent crude went down by 72 cents to USD 55.52 per barrel, the same case with the American crude which went down by 61 cents to USD 53.17 pb.
GMT 21:38 2017 Thursday ,16 February
Kuwait Oil Price Down 25 cents to $52.30 pbGMT 19:10 2017 Saturday ,11 February
Kuwait Oil Price Up 31 Cents to $52.12 per BarrelGMT 17:24 2017 Wednesday ,08 February
Kuwaiti Oil Price Up 29 Cents to $52.98 per BarrelGMT 20:10 2017 Thursday ,26 January
Kuwaiti Oil Price Down 43 Cents to $50.83 a BarrelGMT 21:07 2017 Tuesday ,24 January
Kuwaiti Oil Went Up 51 Cents to USD 50.79 per BarrelMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2023 ©