Kuwait city: The price of Kuwaiti oil barrel rose by one cent, reaching USD 65.26 per barrel on Monday, compared to USD 65.25 per barrel on Friday. This information was confirmed by the Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Kuwait News Agency, the increase in Kuwaiti oil price coincided with movements in the international markets. Brent crude oil price increased by 90 cents, reaching USD 68.65 per barrel, while West Texas crude saw an increase of 86 cents, reaching USD 63.75 per barrel. These developments highlight the ongoing fluctuations in the global oil market.