Kuwait's oil barrel fell $0.88 to $77.79 per barrel in trade on Wednesday against $78.67 in trading on Thursday, according to Kuwait Petroleum Corporation (KPC) reported price. In global markets, Brent crude futures fell $1.29 cents to set the settlement price at $79.94 per barrel, while US West Texas Intermediate crude futures fell $1.39 to set the adjustment price at $75.91. 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