Kuwait City: The price of Kuwaiti oil increased slightly by four cents to reach USD 77.40 per barrel on Wednesday, as reported by Kuwait Petroleum Corporation (KPC) on Thursday. This marks a small rise from the previous day's price of USD 77.36 per barrel.
According to Kuwait News Agency, global oil markets also experienced price increases. The price of Brent crude rose by 77 cents to USD 73.79 per barrel, while West Texas Intermediate saw an increase of 65 cents, reaching USD 69.65 per barrel.