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Kuwait oil price up 74 cents to USD 71.79 pb

Kuwait oil price up 74 cents to USD 71.79 pb
KUWAIT, July 17 (KUNA) -- The price of Kuwaiti oil went up 74 cents Monday to USD 71.79 per barrel (pb), after being at USD 71.05 pb Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.
On the global scale, the oil price fall Monday as Libyan ports reopened while traders eyed potential supply increases by Russia and other producers.
The Brent crude went down by USD 3.49 pb to reach 71.84 while the West Texas Intermediate was also down by USD 2.95 to reach USD 68.06 pb. (end) osj.ha