Kuwait – Mubasher: Kuwait’s crude oil price rose on Friday by $1.04 to $42.88 per barrel from $41.84 pb on Thursday, Kuwait Petroleum Corporation said Saturday, according to Kuwait News Agency (Kuna).
Meanwhile, U.S. oil price declined 41 cents to $47.75.
Russia's energy Minister, Aleksandr Novak, expected oil prices to range between $40 and $50 this year, according to Russian News Agency TASS.
