KUWAIT, Aug 13 (KUNA) -- The price of Kuwaiti crude oil went up USD 2.2 to USD 41.14 per barrel Friday as oppose to USD 38.94 pb on Thursday, said Kuwait Petroleum Corporation (KPC) Saturday.
At the global level, the crude oil price is expected to reach a record high since April due a statement by Saudi Arabia regarding its readiness to discuss ways to balance production at the oil market.
An unofficial meeting for members of OPEC is expected to be held next month on the sidelines of an energy forum in Algeria. (end) skm.mys