Kuwait- Mubasher: The price of Kuwait’s crude oil grew 69 cents to reach $45.1 a barrel on Tuesday, up from $44.41 on Monday, according to latest data by the Kuwait Petroleum Corporation (KPC).
Oil prices recorded their highest levels in 2016 yesterday as a result of production disruptions in Nigeria as well as a decline in non-OPEC, mainly the U.S.
Brent crude gained 89 cents to record $51.44 a barrel, while US crude oil levelled up by 67 cents to settle at $50.36.
Oil and gold prices rose at the opening of Wednesday’s session, as the dollar retreated.
