Kuwaiti oil price up 65 cents to USD 54.12 per barrel

KUWAIT, Oct 14 (KUNA) -- The price of Kuwaiti crude oil went up 65 cents Friday to settle at USD 54.12 per barrel, compared to USD 53.47 per barrel last Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday.
In world markets, oil prices were up due to reports that China is increasing demand, including US president decision on Iran nuclear agreement.
Oil crude price Brent mixed was up 92 cents to stand at USD 57.17 while the US crude oil up 85 cents and settle at USD 51.56 per barrel. (end) asj.mb