Kuwait city: The price of Kuwaiti crude oil increased by 70 cents to reach USD 70.07 per barrel on Wednesday, as reported by Kuwait Petroleum Corporation (KPC) on Thursday. This marks a rise from the previous day's price of USD 69.37 per barrel.
According to Kuwait News Agency, this increase in Kuwaiti crude oil prices aligns with global trends. The price of Brent crude saw an increase of USD 1.05, climbing to USD 66.84 per barrel. Similarly, West Texas Intermediate crude rose by 86 cents, reaching USD 63.21 per barrel.