Kuwaiti oil price up 25 cents to $54.86 per barrel

The price of Kuwaiti crude oil went up 25 cents on Tuesday and settled at US$54.86 per barrel, compared to $54.61 per barrel on Monday, the Kuwait Petroleum Corporation said on Wednesday.

According to the Kuwait News Agency, KUNA, Brent crude mixed was up by 6 cents to $57.88 while US crude oil rose by 42 cents to settle at $51.88 per barrel.