Kuwaiti oil price up 36 cents to USD 61.87 pb

The price of Kuwaiti crude oil was up 36 cents Tuesday, settling at US$61.87 per barrel (pb), compared to US$61.51 pb last Friday, Kuwait Petroleum Corporation said Wednesday.

According to the Kuwait News Agency, KUNA, the Brent Blend was also up by $1.77 to $67.02 pb, while the Texas light sweet was up by $1.50 to $59.97 pb.