Kuwaiti oil price up 70 cents to stand at $59.88 per barrel

The price of Kuwaiti crude oil went up by 70 cents to settle at US$59.88 per barrel, compared to $59.18 per barrel last Tuesday, the Kuwait Petroleum Corporation said on Thursday.

According to the Kuwait News Agency, KUNA, Brent Oil crude, mixed, was up by 75 cents to $63.32 while US Western Texas crude was up 1.19 cents to settle at $58.02 per barrel.