Kuwaiti oil hits $106.95 with $1.27 rise
The price of Kuwaiti oil per barrel rose by $1.27, reaching $106.95 during yesterday's trading session. This marks an increase compared to last Friday's price of $105.68. Similarly, Brent crude futures rose by $1.93 to reach $106.65, while U.S. West Texas Intermediate futures increased by $1.89 to $93.74. This rise is attributed to increased demand for crude oil amid expectations of continued price growth in global markets.
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