Doha: The price of Kuwaiti crude oil surged by USD 7.68, reaching USD 102.39 per barrel in Thursday's trading. This increase is a notable jump from the previous session's price of USD 94.71 per barrel, as reported by the Kuwait Petroleum Corporation.
According to Qatar News Agency, the rise in Kuwaiti crude oil prices aligns with trends observed in global markets. Brent crude futures saw an increase of USD 6.62, reaching USD 100.69 per barrel. Similarly, US West Texas Intermediate (WTI) crude futures climbed by USD 5.09, settling at USD 90.89 per barrel.