Mubasher: The price of Kuwait’s crude oil increased by $1.63 to settle at $64.18 per barrel on Thursday, compared to $62.55 pb a day earlier, according to the Kuwait News Agency.
Brent crude futures rose by $1.57 to hit $63.97 pb, while Nymex WTI went up by $1.57 to reach $58.58 pb.
US crude oil stockpiles climbed by 1.4 million barrels to 450.4 million barrels in the week ended 15 November, the Energy Information Administration (EIA) said.
