Kuwait city: The price of Kuwaiti oil rose to $68.54 per barrel in trading on Thursday, compared with $65.26 per barrel in trading last Monday.
According to Qatar News Agency, the Kuwait Petroleum Corporation announced today that the price of Kuwaiti crude increased by $3.28 per barrel.
In global markets, Brent crude futures rose by $1.31 to reach $71.66 per barrel, while US West Texas Intermediate crude futures gained $1.24 to settle at $66.43 per barrel.