Kuwait oil price rises $1.05 to $43.56 pb

Kuwait Times - - BUSINESS -

The price of Kuwaiti oil went up by $1.05 to $43.56 per bar­rel on Tues­day after be­ing at $42.51 pb last Mon­day, said a state­ment by Kuwait Pe­tro­leum Cor­po­ra­tion (KPC) yes­ter­day. At the global level, the price of oil fluc­tu­ated due state­ments from an OPEC meet­ing in Vi­enna re­gard­ing the or­ga­ni­za­tion’s in­ten­sion to lower pro­duc­tion. The price of the Brent crude was up by 22 cents to set­tle at $49.12 per bar­rel.

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