KUWAIT, Oct 25 (KUNA) -- The price of Kuwaiti crude oil increased USD 0.80, settling at USD 106.97 per barrel on Monday, compared to USD 106.17 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.
This light increase in oil prices is based on investors expectations of increasing demand on oil, coinciding with the recovery of Japanese exports, in addition to the European leader's actions to contain the Eriozone debt crisis.
