Kuwait City: The price of Kuwaiti oil increased by USD 1.08, reaching USD 77.36 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday. This marks an increase from the previous day's price of USD 76.28 per barrel.
According to Kuwait News Agency, in global markets, the price of Brent crude experienced a slight rise of two cents, bringing it to USD 73.02 per barrel. Meanwhile, the price of West Texas Intermediate saw a decrease of 11 cents, settling at USD 69.00 per barrel.