Kuwait Oil Price Rises by 44 Cents to USD 64.02 Per Barrel

Kuwait City: The price of Kuwaiti oil increased by 44 cents, reaching USD 64.02 per barrel on Monday compared to USD 63.58 per barrel last Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Kuwait News Agency, the global oil market saw varied movements in prices. Brent crude experienced a slight decrease of four cents, settling at USD 64.74 per barrel. In contrast, West Texas Intermediate maintained its price stability at USD 61.53 per barrel.