Kuwait-Mubasher: Kuwait’s crude oil price rose on Saturday by 88 cents to $33.28 per barrel from $32.40 pb on Thursday, according to Kuwait News Agency (Kuna).
Global oil prices fell yesterday amid concerns about the collapse of the oil agreement after the Saudi comment that it will not freeze output unless Iran and other major producers do so.
Qatar’s Minister of Energy and Industry, Mohammed Bin Saleh al-Sada, said on Thursday that 12 countries have agreed so far to participate in the Doha meeting to discuss a freeze in oil output at January levels.
