Kuwaiti crude price up 75 cents to $104.11 per barrel
Kuwait - KUNA
Kuwaiti oil price went up 75 cents, reaching USD 104.11 per barrel (pb) on Wednesday's trades, compared to USD 103.36 pb the day before, Kuwait Petroleum Corporation (KPC) said in a statement Thursday. International oil markets saw a general hike in price after data on US retail sales came out, which solidified the greenback against other major currencies and subsequently affecting oil prices. The statement pointed out that the US crude price closed on Wednesday at the New York Mercantile Exchange (NYMEX) at an average of USD 104.59 pb.
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