Kuwait City: The Kuwaiti oil price increased by 57 cents to reach USD 77.82 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 77.25 per barrel.
According to Kuwait News Agency, while Kuwaiti oil saw an upward trend, the global market experienced a decrease in prices. Brent crude fell by USD 1.76, settling at USD 73.02 per barrel, and West Texas Intermediate declined by USD 1.77, reaching USD 68.93 per barrel.