KUWAIT, 8th March, 2016 (WAM) — The price of Kuwaiti crude oil went up US$2.13 to reach US$32.23 per barrel on Tuesday as opposed to US$30.10 pb last Friday, said Kuwait Petroleum Corporation on Tuesday.

According to the Kuwait News Agency, KUNA, global oil markets jumped more than five percent on Monday, with Brent Blend hitting a 2016 peak above US$40 a barrel.