Kuwaiti crude hits $118.10
The price of the Kuwaiti barrel of oil rose to $118.10, an increase of $8.73 compared to the previous day, according to the Kuwait Petroleum Corporation. This comes amid rising futures contract prices for Brent crude to $101.21 and West Texas Intermediate U.S. crude to $96.05. These price increases reflect Kuwait's continued role as a reliable energy supplier, as Brent crude surpasses the $100 mark for the first time since July.
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