Kuwaiti oil price up 61 cents to USD53.31 pb

The price of Kuwaiti crude oil went up on Thursday 61 cents to USD53.31 per barrel compared to USD52.70 per barrel on Wednesday, said Kuwait Petroleum Corporation on Friday.

According to Kuwait News Agency, in world markets, prices of oil crudes stabilised on the eve of a meeting of OPEC and non-OPEC producers.