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Kuwaiti oil up 74 cents to USD 69.77 pb

Kuwaiti oil up 74 cents to USD 69.77 pb
KUWAIT, Aug 18 (KUNA) -- The price of Kuwaiti oil went up 74 cents to reach USD 69.77 per barrel (pb) on Friday, compared to USD 69.03 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday.
Globally, oil prices rose, but ended the week down because of concerns over growing US crude supplies and expectations that trade disputes and slowing world economic growth will negatively affect demand for oil.(end) mka.ysa.nhq