Arab Today, arab today kuwaiti crude price rises to 10781
Last Updated : GMT 06:51:55
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Arab Today, arab today

Kuwaiti crude price rises to $107.81

Arab Today, arab today

Arab Today, arab today Kuwaiti crude price rises to $107.81

Kuwait - KUNA

Kuwait Petroleum Corporation (KPC) said on Saturday that the price of Kuwait's crude oil increased USD 1.01 in Friday's trading to settle at USD 107.81 per barrel (pb) compared to USD 106.80 the day before. Crude prices rose in global markets yesterday due to fears of cutting off oil supplies after an attack that had taken place at an Algerian gas plant and concerns over Iran's nuclear program. The New York Mercantile Exchange, light sweet crude for delivery in February rose USD 0.07 to settle at USD 95.56 per barrel at closing; in addition, the North Sea Brent crude oil futures prices for February delivery also went up USD 0.79 to settle at USD 111.89 per barrel.

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