Doha: The Kuwait Petroleum Corporation announced that the price of a barrel of Kuwaiti oil rose by $1.69 in Thursday's trading, reaching $86.69 per barrel, up from $85 in previous trading.
According to Qatar News Agency, globally, oil prices declined, with Brent crude falling by $1.71 to settle at $89.03 a barrel, and US West Texas Intermediate crude dropping by about $0.87 to $83.59 a barrel.