Mubasher: The price of Kuwait crude oil increased by 1.45% or 70 cents to settle at $48.85 per barrel (pb) on Monday compared to $48.15 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, the price of Nymex crude oil went up 0.9% to reach $50.17 pb.
Brent crude oil edged up by 0.2% to settle at $52.65 pb.
