Kuwait Oil Price Increases 16 Cents to Reach USD 73.47

Kuwait City: Kuwaiti oil price rose 16 cents to USD 73.47 per barrel in Wednesday's trading compared to Tuesday's USD 73.31, reported Kuwait Petroleum Corporation (KPC).

According to Kuwait News Agency, in global markets, Brent futures increased USD 1.39 to USD 70.95, as West Texas crude also increased by USD 1.43 to reach USD 67.68.