Kuwait Oil Price Rises $1.13

Price of the Kuwaiti crude oil rose $1.13 to settle at $85.53 per barrel on Tuesday vis a vis $84.40 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday. In international markets, forwards of the Brent crude moved up by $1.12 to reach $84.22 pb and those of the West Texas crude oil moved up by $2.11, settling at $79.83 a barrel. Source: Qatar News Agency