Mubasher: The price of Kuwait’s crude oil rose by 45 cents to $59.45 per barrel (pb) on Monday, 7 October, from $59 pb on Friday, according to Kuwait Petroleum Corporation’s (KPC) official prices.
Globally, oil prices fell amid concerns regarding the success of the US-China trade talks during this week, affecting the global economy and oil demand.
A new round of trade negotiations between the US and Chinese parties will be held in Washington on Thursday and Friday, 10 and 11 October.
Source:
Mubasher