Kuwaiti oil price up USD 1.56 to USD 23.37 pb

Kuwaiti oil price up USD 1.56 to USD 23.37 pb
Kuwaiti oil price up USD 1.56 to USD 23.37 pb

KUWAIT, Jan 28 (KUNA) — The price of Kuwaiti oil was up USD 1.56 to USD 23.37 per barrel Wednesday in contrast to USD 21.78 pb Tuesday, said Kuwait Petroleum Corporation (KPC) Thursday.
In world market, the price of oil rose, following a statement by the Russian Energy on the possibility of holding talks with OPEC countries about output cuts to bolster oil prices.
The price of the Brent mix went up yesterday by USD 1.30 to reach USD 33.10 pb. The American crude increased by 85 cents to reach USD 32.30 pb. (end) osj.nfm