Kuwaiti crude price goes up 1.92$

Kuwait Petroleum Corporation (KPC) said on Wednesday that the price of Kuwait's crude oil increased USD 1.92 in Tuesday's trading to settle at USD 106.41 per barrel (pb) compared to USD 104.49 the day before.  Crude prices have rebounded following five sessions of decrease, to which due petroleum barrel lost nearly USD 5 in global markets as this increase in prices came via some supportive factors such as disruption of supplies from the North Sea, and optimism on growth of Chinese demand following Beijing's announcement of aiming at 7.5 percent growth in Gross Domestic Product (GDP) of the current year.