Price of Kuwaiti crude oil increased by USD 54 cents to USD 106.61 per barrel on Thursday compared to USD 106.07 pb on Thursday, Kuwait Petroleum Corporation said in a statement on Friday. The oil prices increased for the third day in a row despite the European debt crisis. The increase in oil prices also came after the reports that US crude oil supplies greatly slipped as a result of taxation reasons that take place each year\'s end. (end) asj.ysa.nfm KUNA 231309 Dec 11NNNN