Kuwaiti oil price up 22 cents to USD 55.62 pb – KPC

The price of Kuwaiti oil moved up by 22 cents to USD 55.62 per barrel (pb) on Monday, after it was at USD 55.40 pb last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.

Globally, the price of Brent crude went up by 47 cents to USD 55.88 pb, the same case with the West Texas Intermediate, which increased by 50 cents to USD 52.77 pb.

Source: Kuwait News Agency