Kuwaiti oil hits $93.71
The Kuwait Oil Company announced an increase of $3.45 in the price of a barrel of Kuwaiti oil, bringing it to $93.71. This comes amid a decline in Brent and West Texas Intermediate futures, which fell to $94.39 and $87.06, respectively. This rise is driven by market stability amidst the lull in tensions between the U.S. and Iran, while oil prices are on track to achieve weekly gains.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)