Mubasher: The price of Kuwait’s crude oil went up 29 cents to settle at $53 per barrel on Monday when compared to $52.71 on Friday, according to the latest data issued by the Kuwait Petroleum Corporation.

On the global level, Brent crude oil fell by 6 cents to reach $55.93 a barrel, while West Texas oil gained 6 cents to settle at $54.04 per barrel, Kuwait News Agency (KUNA) said.