Kuwait city: The price of Kuwaiti oil increased by USD 1.65, reaching USD 65.17 per barrel on Wednesday. This marks a rise from USD 63.52 the previous day, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday.
According to Kuwait News Agency, global oil markets also experienced increases. Brent crude prices rose by USD 2.13, reaching USD 69.46 per barrel. Additionally, the price of West Texas Intermediate saw an increase of USD 1.93, bringing it to USD 65.14 per barrel.