The price of Kuwaiti oil went up on Thursday by $2.03 to reach $34.38 per barrel compared to Wednesday's price of $32.35 per barrel, the official KUNA news agency reported on Friday citing Kuwait Petroleum Corporation (KPC).

    The American crude rose three cents reaching $40.32 per barrel, while the Brent Blend nearest contracts also climbed to $41.56 per barrel, and the Brent price reached $41.54 per barrel, rising by $1.21.