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Thursday , August 13 2020

Kuwaiti oil price

The price of Kuwaiti oil went up by USD 2.02 to reach USD 44.62 per barrel (pb) on Monday after being at USD 42.60 pb on Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.

Meanwhile, the Brent crude mix went up USD 1.48 to reach USD 50.65 pb, the same case with the West Texas Intermediate, which went up by USD 1.39 to reach USD 49.37 pb.

Furthermore, the oil prices in international market went up by three percent after polls ruled out the UK withdrawal from the EU in the nation’s June 23rd public referendum, in addition to the fall of the USA oil inventory by more than 568,000 barrel during the previous week. (KUNA)


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