Kuwait oil price rises $2.63 pb on Friday

Mubasher: The price of Kuwait’s crude oil grew by $2.63 to settle at $61.68 per barrel on Friday, compared to $59.05 pb on the previous day, according to the Kuwait News Agency (KUNA).

Brent crude futures rose by 2.4% to hit $60.51 pb, while Nymex WTI increased by 2.1% to reach $54.70 pb.

Global oil prices went up following attacks against an Iranian oil carrier lose to Saudi Arabian city of Jeddah which caused oil to leak into the Red Sea.

Mubasher Contribution Time: 12-Oct-2019 16:09 (GMT)
Mubasher Last Update Time: 12-Oct-2019 16:09 (GMT)