Kuwait oil price up $1.07 to $57.05 pb

The price of Kuwaiti crude oil went up US$1.07 to reach $57.05 per barrel on Monday compared to $55.98 pb last Friday, the Kuwait Petroleum Corporation said on Tuesday.

According to the Kuwait News Agency, KUNA, oil crude price for Brent Mixed was up 46 cents to $60.90 pb while the US West Texas Intermediate's (WTI) was also up 25 cents to settle at $54.15 pb.