Kuwait city: The price of Kuwaiti crude oil experienced an increase of 92 cents, reaching USD 70.99 per barrel (pb) on Thursday. This marks a rise from the previous day's price of USD 70.07 pb, as reported by Kuwait Petroleum Corporation (KPC) on Friday.
According to Kuwait News Agency, the global oil market also saw changes, with Brent crude oil seeing an increase of USD 85 to USD 67.69 pb. Meanwhile, West Texas Intermediate crude oil rose by 86 cents, reaching USD 63.57 pb.