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Kuwait oil price up USD 1.07 to USD 57.05 pb

Kuwait oil price up USD 1.07 to USD 57.05 pb
KUWAIT, Oct 31 (KUNA) -- Price of Kuwaiti crude oil went up USD 1.07 to reach USD 57.05 per barrel on Monday compared to USD 55.98 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.
In world markets, oil prices were up due to a report of support by big producers to extend the agreement on reducing production -- led by OPEC members and Russia.
Price of the Brent crude mixed was up 46 cents to stand at USD 60.90 pb while the US West Texas Intermediate's (WTI) was also up 25 cents and settled at USD 54.15 pb. (end) asj.ha