Kuwaiti oil up 30 cents to US$71.50 pb

KUWAIT, The price of Kuwaiti oil went up 30 cents to reach US$71.50 per barrel on Monday, compared to US$71.20 pb last Friday, Kuwait Petroleum Corporation announced Tuesday.

According to the Kuwait News Agency, KUNA, Brent Blend was up 68 cents to US$73.89 pb upon settlement, and West Texas Intermediate crude’s future contracts went up 90 cents to US$69.39.

Source: Emirates News Agency