KUWAIT, Jan 4 (KUNA) -- Price of Kuwaiti crude oil increased by USD 2.17 to USD 108.22 per barrel on Tuesday compared to USD 106.05 pb on Friday, Kuwait Petroleum Corporation said in a statement on Wednesday.
The oil prices increase with the new year is due to the drop of the US dollar exchange rate, in addition to witnessed tension between Iran and the US concerning the possibility of blocking oil supply from the Middle East.(end) mam.ysa.asa KUNA 041018 Jan 12NNNN
