Kuwait City: The price of Kuwaiti oil has risen by 59 cents, reaching USD 73.61 per barrel on Friday, compared to USD 73.02 per barrel on Thursday. This information was provided by the Kuwait Petroleum Corporation (KPC) on Saturday.
According to Kuwait News Agency, the increase in Kuwaiti oil prices coincided with the rise in prices of Brent crude and West Texas Intermediate. Brent crude increased by 90 cents, settling at USD 70.36 per barrel, while West Texas Intermediate went up by 68 cents, settling at USD 67.04 per barrel.