Kuwaiti oil price up 59 cents to reach $54.53 per barrel

The price of Kuwaiti crude oil went up 59 cents on Monday and stands at US$54.53 per barrel, compared to US$54.94 per barrel since last Friday, said Kuwait Petroleum Corporation on Tuesday.

According to the Kuwait News Agency, KUNA, oil crude price Brent mixed crude fell by 38 cents to $57.37 while the US crude Western Texas oil was up six cents to settle at $51.90 per barrel.