Kuwait city: The price of Kuwaiti oil rose by 58 cents, reaching USD 66.98 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday. This marks an increase from the previous day's price of USD 66.40 per barrel.
According to Kuwait News Agency, global markets also saw a rise in oil prices. Brent crude increased by 60 cents, reaching USD 69.40 per barrel, while the West Texas Intermediate rose by 67 cents, reaching USD 64.63 per barrel.