Price of Kuwait crude oil went up 1.05 cents on Wednesday to $32.06 per barrel against $ 31.01 per barrel on Tuesday, Kuwait Petroleum Corporation said on Thursday.
In international markets, oil prices increased by five percent yesterday, following the United States announcement of a sudden retreat in local oil reserves last week, of around five million barrels, as the local oil refineries continued to increase production while oil imports retreated.
Contracts of the Brent Blend increased yesterday by $ 1.97 to reach $ 39.84 per barrel, while US crude oil increased by $ 1.86 to reach $ 37.75 per barrel.
GMT 21:01 2017 Wednesday ,25 October
Oil prices will stay lower for longer, banks warnGMT 18:02 2017 Wednesday ,18 October
Early glance at the World Oil OutlookGMT 22:18 2017 Thursday ,28 September
Kuwait expects to seal new deals to supply oil to Chinese buyersGMT 20:46 2017 Sunday ,10 September
Kuwait oil price up US$1.02 to $50.75 pbGMT 21:14 2017 Monday ,04 September
Kuwaiti oil price down 12 cents to US$48.68 pbMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©