Kuwait Petroleum Corporation

The price of Kuwaiti crude oil went up Monday USD 2.38 to USD 41.68 per barrel after being at USD 39.30 pb last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.

    At the world markets, oil prices shrank their gains following an agreement that was reached between Saudi Arabia and Russia to cooperate in order to bring back stability to the world oil markets, according to (KUNA) news agency.

    The price of the Brent crude for November delivery was up 57 cents to USD 47.40 per barrel.