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Kuwait oil prices rise 76 cents

Kuwait oil prices rise 76 cents
Kuwaiti crude oil registered $47.69 per barrel on Friday

Mubasher: The price of Kuwaiti oil went up by 76 cents yesterday, according to the Kuwait Petroleum Corporation (KPC).

Kuwaiti crude oil registered $47.69 per barrel (pb) on Friday, compared to $46.93 pb on Thursday, as reported by Kuwait News Agency (KUNA).

Meanwhile in global markets, the price of the West Texas Intermediate's (WTI) future contracts for September delivery rose by 0.40% to reach $47.28 pb, while Brent crude's futures for October delivery increased by 0.31% to $51.23 pb.