Mubasher: The price of Kuwait oil went up by 69 cents on Friday, according to the Kuwait Petroleum Corporation (KPC).
Kuwaiti crude rose to $60.34 per barrel yesterday, compared to $59.65 per barrel on Thursday, as reported by Kuwait News Agency (KUNA).
The increase in Kuwaiti oil prices comes in line with the recent rises in crude prices in global markets, after the Organization of the Petroleum Exporting Countries (OPEC) and other major producers agreed on extending the output cut agreement.
