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Kuwait oil price up 98 cents to reach USD 47.62 pb

price of Kuwaiti oil
price of Kuwaiti oil
KUWAIT, Sept 2 (KUNA) -- The price of Kuwaiti oil went up by 98 cents to reach USD 47.62 per barrel on Tuesday compared with USD 46.64 pb on Monday, said Kuwait Petroleum Corporation (KPC) Wednesday.
In the global markets, the price for future contracts for the Brent plunged by USD 5.53 to USD 48.62 pb. The American crude also plummeted from USD 45.41 to USD 44.56. (end) asj.ibi