Kuwait oil price up to USD 58.57 pb
(MENAFN- Kuwait News Agency (KUNA)) Kuwait's crude oil price on Tuesday rose by 47 cent to USD 58.57 per barrel compared to USD 58.10 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.
At world oil markets, US crude for future contracts' prices rose more than three percent on Monday, with the increasing expectations of a new weekly decline in US inventories. According to data from the American Petroleum Institute, US crude inventories fell 6.7 million barrels last week.
Brent crude went up by USD 2.19 to reach USD 64.88 pb, and US crude for future contracts also upped by USD two to reach USD 60.14 pb.
At world oil markets, US crude for future contracts' prices rose more than three percent on Monday, with the increasing expectations of a new weekly decline in US inventories. According to data from the American Petroleum Institute, US crude inventories fell 6.7 million barrels last week.
Brent crude went up by USD 2.19 to reach USD 64.88 pb, and US crude for future contracts also upped by USD two to reach USD 60.14 pb.
.jpg)
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment