Kuwait City: Kuwait crude oil increased by US$1.97 during Wednesday’s trading, reaching US$64.05 per barrel, compared to the previous day’s US$62.08 per barrel.
According to Emirates News Agency, this rise in Kuwait’s crude oil price contrasts with the decline in other major oil benchmarks.
Brent futures experienced a decrease of US$1.03, settling at US$61.12 per barrel. Similarly, West Texas Intermediate saw a decline of US$1.02, bringing its price down to US$58.07 per barrel. The fluctuations in these oil prices reflect ongoing changes in the global oil market dynamics.
