Kuwait oil price up by 50 cents to $46.60 pb

Kuwait Times - - LOCAL -

The price of Kuwaiti oil was up by 50 cents to $46.60 per bar­rel Tues­day as op­pose to $46.10 pb the day be­fore, said Kuwait Petroleum Cor­po­ra­tion (KPC) yes­ter­day. At the global mar­kets, the prices were fluc­tu­at­ing due signs that US oil pro­duc­tion was on the rise. The price of the Brent crude was down by seven cents to $49.61 per bar­rel while the West Texas In­ter­me­di­ate was up by one cent to $47.08 pb. — KUNA

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