Kuwaiti oil price down 28 cents

OIL AND GAS NEWS

The price of Kuwaiti crude oil went down 28 cents and settled at $59.81 per barrel, compared to $60.09 per barrel since last Thursday, said Kuwait Petroleum Corporation, KPC, on Saturday.

According to Kuwait News Agency (Kuna), in world markets, oil prices were up amid speculations of a meeting between the United States President and North Korea counterpart, a move that could lower geopolitics tensions.

Oil crude price Brent mixed was up $1.88 to stand at $65.49, while the US crude Western Texas oil was also up $1.92 and settled at $62.04 per barrel, the agency reported.

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