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Kuwait’s crude oil rises to $35.5 pb on Tuesday - KPC

Kuwait’s crude oil rises to $35.5 pb on Tuesday - KPC
Global prices surged by more than 10% on Tuesday

Mubasher: The price of Kuwait’s crude oil rose by $1.24 on Tuesday, 10 March, to reach $35.5 per barrel (pb) from $34.26 pb a day earlier, according to official prices by Kuwait Petroleum Corporation (KPC).

Global prices surged by more than 10% on Tuesday after suffering the worst day since 1991, driven by reports that ongoing OPEC+ talks remain possible. 

Last Monday, global oil prices plunged by more than 24%.