The price of Kuwait oil went up by 1.25 to reach USD 44.12 per barrel Wednesday after being at USD 42.87 per barrel the day before, said Kuwait Petroleum Corporation (KPC) Thursday.
The rise of crude oil prices in world markets, significantly during Wednesday's trading, came following the US Energy Agency report that showed a larger-than-expected weekly drawdown in crude inventories, indicating high US demand.
American Petroleum Institute has published a drawdown, showing a sharp decline in US crude oil stockpiles for the week to 24 June - of 3.9 million barrels to reach 527.7 million barrels after US refineries increased production.
GMT 17:17 2016 Wednesday ,03 August
Kuwait Oil Price Down USD 1.05 to USD 36.97 per barrelGMT 18:52 2016 Tuesday ,02 August
Kuwait Oil Price Up 61 Cents to USD 38.02 per barrelGMT 19:40 2016 Thursday ,21 July
Kuwaiti Oil Price Up 3 Cents to USD 41GMT 20:31 2016 Wednesday ,20 July
Kuwaiti Oil Down 94 Cents to USD 40.97GMT 19:05 2016 Tuesday ,19 July
Kuwaiti Oil Price Rises 45 Cents to USD 41.91 per barrelMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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