Kuwait city: The price of a barrel of Kuwaiti oil rose by USD 1.11 to reach USD 58.14 per barrel in trading yesterday, Tuesday, compared to USD 57.03 in trading last Monday. This increase was announced by the Kuwait Petroleum Corporation.

According to Qatar News Agency, in global markets, the settlement price of Brent crude futures fell USD 1.06 to USD 60.70 a barrel. Meanwhile, US West Texas Intermediate crude futures experienced a decrease of USD 1.19, settling at USD 57.13 per barrel.