Kuwait city: The price of Kuwaiti crude oil increased by $1.19, reaching $62.15 per barrel in trading yesterday, up from $60.96 per barrel last Friday.
According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported this rise in price. In contrast, global markets experienced declines, with Brent crude futures falling 29 cents to $65.59 per barrel and West Texas Intermediate (WTI) crude futures decreasing 44 cents to $60.63 per barrel.