Kuwait city: The price of Kuwaiti oil decreased by 54 cents to USD 68.95 per barrel (pb) on Monday, in comparison to USD 69.49 pb last Friday, as announced by Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Kuwait News Agency, global markets saw a rise in oil prices with Brent crude increasing by 75 cents to USD 66.60 pb, and West Texas Intermediate also going up by 62 cents to USD 63.42 pb.