Kuwaiti oil price up 48 cents to US$53.45 per barrel

The price of Kuwaiti crude oil went up 48 cents on Wednesday to settle at US$53.45 per barrel, compared to $52.97 per barrel last Tuesday, said the Kuwait Petroleum Corporation on Thursday.

Meanwhile, according to the Kuwait News Agency, oil crude price Brent mixed was up by 33 cents to $56.94 while the US crude oil rose by 38 cents to settle at $51.30 per barrel.