The price of Kuwait crude oil went up Thursday by 97 cents to USD 110.90 pb, compared with the previous day figures, Kuwait Petroleum Corporation (KPC) said on Friday. The prices continued their upward slant driven by the upbeat outlook of the US economy after recent uncertainties, according to the KPC daily bulletin. Although the US economy was able to add 165,000 jobs in January, compared to 155,000 in the previous month, doubts about the ability of the economy to create more jobs still mar the outlook of the oil market.
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Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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