Kuwaiti Oil Price Rises USD 4.56 to USD 118.35 a Barrel

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Kuwaiti Oil Price Rises USD 4.56 to USD 118.35 a Barrel

Kuwait, May 29 (QNA) – The price of Kuwaiti oil rose by USD 4.56 to USD 118.35 per barrel in Thursday’s trading, compared to USD 113.79 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).

In global markets, Brent crude futures lost USD 0.58 to settle at USD 93.71 per barrel, while US West Texas Intermediate (WTI) crude futures rose by USD 0.22 to close at USD 88.90 per barrel. (QNA)