Kuwait city: The price of Kuwaiti oil experienced an increase of USD 3.28, reaching USD 68.54 per barrel in Thursday trading. This rise is compared to the previous price of USD 65.26 per barrel recorded on Monday, as reported by the Kuwait Petroleum Corporation (KPC).
According to Kuwait News Agency, the global oil market also saw upward trends. Brent crude saw an increase of USD 1.31, bringing its price to USD 71.66 per barrel. Meanwhile, the US West Texas Intermediate crude experienced a rise of USD 1.24, reaching a price of USD 66.43 per barrel.