Kuwait crude oil rises to $71.33 pb

emirates7 - The price of Kuwaiti oil went up by nine cents on Monday to US$71.33 per barrel (pb), compared to US$71.24 last Friday, said the Kuwait Petroleum Corporation on Tuesday.

The prices of Brent Crude and West Texas Intermediate in global markets increased by $1.07 and $1.14 respectively, settling at $68.80 per barrel and $64.80 pb, according to the Kuwait News Agency (KUNA).