Kuwait – Mubasher: The price of Kuwait’s crude oil went up $1.05 to settle at $43.56 per barrel on Tuesday as compared with $42.51 on Monday, according to a statement issued by Kuwait Petroleum Corporation (KPC) on Wednesday.
At the global level, the price of oil saw fluctuation due to statements from the OPEC meeting held in Vienna regarding the organization's intension to lower production.
Brent crude oil gained 22 cents to settle at $49.12 per barrel.