Kuwait oil price up to $45.88 pb

Kuwait Times - - LOCAL -

The price of Kuwaiti oil went up 50 cents to $45.88 per bar­rel Mon­day as op­pose to $45.38 pb last Fri­day, said Kuwait Pe­tro­leum Cor­po­ra­tion (KPC) yes­ter­day. At the global level, the prices were up due to the in­crease in the num­ber of oil rigs in the US and the surge in crude oil de­mand at Chi­nese re­finer­ies. The price of the Brent crude was up to $49.02 per bar­rel, the same case with the Texas West In­ter­me­di­ate, which was at $46.64 pb. — KUNA

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