Kuwait oil price up by $1.83 to $46.10 pb

Kuwait Times - - LOCAL -

The price of Kuwaiti oil went up by $1.83 to $46.10 per bar­rel Mon­day com­pared to $44.27 pb last Fri­day, said Kuwait Pe­tro­leum Cor­po­ra­tion (KPC) yes­ter­day. At the global scale, the price went up due to in­di­ca­tions re­gard­ing the de­crease in US oil pro­duc­tion. How­ever, gains might be re­stricted due to news on OPEC in­ten­tions to in­crease pro­duc­tion.

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