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.
Source:
Mubasher