Doha: Kuwait crude oil rose 69 cents during Thursday's trading to reach USD 64.26 per barrel, compared to USD 63.57 per barrel the day before, Kuwait Petroleum Corporation (KPC) said on Friday.
According to Kuwait News Agency, Brent futures went up 21 cents to USD 63.34 per barrel, and West Texas Intermediate increased 45 cents to USD 59.10 per barrel.
The increase in oil prices comes amid ongoing monitoring of global economic indicators and their potential impact on future energy demands. Industry analysts continue to observe fluctuations in the crude oil market, noting the influences of geopolitical events and production adjustments by oil-producing countries.