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Kuwaiti crude oil exceeds $58 a barrel - KPC

Kuwaiti crude oil exceeds $58 a barrel - KPC
Photo Credit: Arabianeye-Reuters

The price of Kuwaiti crude oil increased by 14 cents to $58.01 per barrel on Monday’s trades, compared to $57.87 on Friday, according to Kuwait Petroleum Corporation (KPC).

Brent crude settled at $63.45 a barrel, following the drop which exceeded $1.

The price of the American crude oil inched up 64 cents to $56.38 per barrel.