KPC: Kuwaiti oil price up 68 cents to USD 103.19 pb

The price of Kuwait oil went up by 68 cents to USD 103.19 per barrel on Monday as opposed to USD 102.51 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.

Global prices went up by three percent on Monday as the OPEC+ members agreed to decrease output by 100,000 barrels per day.

The price of the Brent crude went up by USD 2.72 to USD 95.74 per barrel, the same case with the West Texas Intermediate, which went up by USD 2.00 to reached USD 88.85 pb.

Source: Kuwait News Agency

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