Mubasher: The price of Kuwait’s crude oil went up 52 cents to reach $52.97 per barrel (pb) on Tuesday compared to $52.45 pb on Monday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices succeeded in keeping Tuesday’ levels unchanged, with the US crude oil rising to its highest level since 29 September.
Investors are focusing on the important support level of $55 pb, which Brent crude oil has exceeded, economic analyst Ibrahim Al Filkawy told Mubasher.
