BEIRUT: The Kuwaiti oil price increased by 54 cents, reaching USD 73.78 per barrel on Wednesday. This marks a rise from the previous day's price of USD 73.24 per barrel, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday. According to Kuwait News Agency, the global oil market experienced a contrasting trend, with Brent crude seeing a decrease of 50 cents, bringing its price to USD 72.81 per barrel. Similarly, the West Texas Intermediate crude price fell by 52 cents, settling at USD 68.87 per barrel.
