Kuwait city: The price of Kuwaiti crude oil increased by USD 2.83, reaching USD 75.27 per barrel in Saturday's trading session. This is a rise from the previous price of USD 72.44 per barrel recorded in Friday's session, as reported by the Kuwait Petroleum Corporation.
According to Qatar News Agency, the global oil market also experienced an upward trend. Brent crude futures saw an increase of USD 1.06, reaching USD 83.55 per barrel. Similarly, US West Texas Intermediate (WTI) crude futures went up by USD 0.89, bringing the price to USD 77.29 per barrel.