Kuwait's oil barrel fell USD 1.79 to USD 78.67 per barrel in trade on Wednesday against USD 80.46 in trading on Tuesday, according to Kuwait Petroleum Corporation (KPC) reported price. In global markets, Brent crude futures fell 90 cents to set the settlement price at USD 78.65 per barrel, while US West Texas Intermediate crude futures fell USD 1.01 to set the adjustment price at USD 74.52. Source: Qatar News Agency
Oil Prices Increase as Brent Crude Reaches $103.73 Per Barrel
Abu Dhabi:First paragraph of the news story.
According to Emirates News Agency, oil prices experienced an increase during early Asian