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Kuwaiti crude oil price rises 38 cents on Thursday

Kuwaiti crude oil price rises 38 cents on Thursday
Brent crude futures rose to hit $62.29 pb

Mubasher: The price of Kuwait’s crude oil grew by 38 cents to settle at $63.09 per barrel on Thursday, compared to $62.47 pb a day earlier, according to the Kuwait News Agency.

Brent crude futures rose by $0.55 to hit $62.29 pb, while Nymex WTI went up by $0.80 to reach $57.15 pb.

US natural gas storage increased by 34 billion cubic feet (Bcf) in the week ended 1 November, to a total of 3,729 Bcf, the Energy Information Administration said.