Kuwait city: Kuwait crude oil rose 52 cents during Tuesday's trading to reach USD 71.89 per barrel compared with USD 71.37 per barrel the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.
According to Kuwait News Agency, the increase in Kuwait crude oil was accompanied by gains in other major benchmarks. Benchmark Brent crude gained 37 cents to USD 66.39 per barrel, while West Texas Intermediate saw a rise of 37 cents to USD 62.63 per barrel.
These changes in oil prices reflect ongoing market adjustments and trading activities. The fluctuation in crude prices is closely monitored by industry stakeholders, as it impacts various sectors of the economy.