Kuwait city: The price of Kuwaiti crude oil experienced an increase of USD 2.12, reaching USD 98.23 per barrel in Wednesday's trading. This rise is noted in comparison to the previous session's price of USD 96.11 per barrel, as reported by the Kuwait Petroleum Corporation on Thursday.
According to Qatar News Agency, the global oil markets also saw an upward trend. Brent crude futures rose by USD 0.98, reaching USD 95.63 per barrel. Concurrently, US West Texas Intermediate (WTI) crude futures increased by USD 0.79, amounting to USD 91.01 per barrel.