Mubasher: The price of Kuwait’s crude oil added 78 cents to settle at $60.46 per barrel (pb) on Monday compared to $59.68 pm on Friday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices increased on the back of worries over security in the United States as well as suspension of supplies from the North Sea which is expected to impact nearly 450,000 barrels of crude oil per day (bpd).