Kuwait Oil Price Increases 81 Cents to Reach USD 75.87

Kuwait City: Kuwaiti oil price rose 81 cents to USD 75.87 per barrel in Tuesday's trading compared to Monday's USD 75.06 per barrel, reported Kuwait Petroleum Corporation (KPC) on Wednesday.

According to Kuwait News Agency, in global markets, Brent futures went down by 51 cents to USD 70.56 per barrel, as West Texas Intermediate also dropped by 68 cents to reach USD 66.90 per barrel.