Kuwait city: The Kuwaiti crude oil price increased by 55 cents during Tuesday’s trading session, reaching USD 63.07 per barrel compared to USD 62.52 per barrel last Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday.
According to Kuwait News Agency, the increase in Kuwaiti crude oil prices aligns with global market trends, where Brent futures rose by 31 cents to USD 61.32 per barrel, and West Texas Intermediate saw an increase of 30 cents, reaching USD 57.82 per barrel. These developments reflect ongoing fluctuations in the international oil markets.