KUWAIT, 1st June, 2016 (WAM) — The price of Kuwaiti oil went up 36 cents on Tuesday to reach US$43 per barrel (pb) as opposed to US$42.64 pb the day before, the Kuwait Petroleum Corporation, KPC, said on Wednesday.

According to the Kuwaiti News Agency, KUNA, overall prices in international markets saw a decline yesterday due to sales and hike of US dollar exchange rate, as well as US stocks being in the red zone, with Brent mix settling at US$49.69 a barrel, and the American crude selling at US$49.10 a barrel