Kuwait oil price up 65 cents

Kuwait-Mubasher: Kuwait’s crude oil price rose on Friday by 65 cents to $34 per barrel from $33.35 pb on Thursday, Kuwait Petroleum Corporation said Saturday, according to Kuwait News Agency (Kuna).

Global oil prices continued moving upwards on Friday after rising 6%, backed by the fall in U.S. stockpile.

Goldman Sachs said Thursday that reaching the level of $35 pb will reduce oil supply glut.

Mubasher Contribution Time: 09-Apr-2016 09:11 (GMT)
Mubasher Last Update Time: 09-Apr-2016 09:48 (GMT)