Kuwaiti oil price hits $124.34
The Kuwaiti oil price increased to $124.34 per barrel, a rise of 93 cents, according to the Kuwait Petroleum Corporation. In the global markets, Brent crude futures climbed by $2.90 to reach $108.75, while West Texas Intermediate (WTI) rose by $4.44 to $105.83, indicating expectations of severe disruptions in the oil market.
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