Mubasher: The price of Kuwait’s crude oil inclined by $1.19 to settle at $60.85 per barrel (pb) on Monday compared to $59.66 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices registered an increase on Monday with the U.S. crude oil posting the highest daily gains in three weeks.
Investors are awaiting the results of the meeting between the OPEC oil ministers and the U.S. shale oil companies on Tuesday.
Source:
Mubasher