Kuwait city: The price of Kuwait oil increased by US$1.06 to US$72.77 per barrel on Monday, compared to US$71.71 per barrel last Friday, as reported by the Kuwait Petroleum Corporation on Tuesday.
According to Emirates News Agency, the prices of Brent crude and West Texas Intermediate in global markets also saw an increase. Both rose by 67 cents, with Brent crude reaching $68.15 per barrel and West Texas Intermediate reaching $64.68 per barrel.