publish time

07/10/2016

author name Arab Times

publish time

07/10/2016

author name siraj
KUWAIT, Oct 7 (KUNA) -- Kuwaiti oil barrel rose 12 cents on Thursday reaching USD 46.58 per barrel, compared to USD 46.46 pb on Wednesday, said Kuwait Petroleum Corporation (KPC) on Friday.Producers are anxiously awaiting the upcoming meeting of OPEC next November, where member-states are expected to take decision on limiting production.Meanwhile, Brent crude oil rose 65 cents or by 1.3 percent upon settlement, reaching USD 52.51 per barrel, while West Texas crude oil also rose 61 cents or by 1.2 percent reaching USD 50.44 pb.