Kuwaiti oil price rises by $1.85
The price of Kuwaiti oil per barrel increased by $1.85, reaching $90.26 on Thursday’s trading session, compared to $88.41 previously, according to the Kuwait Petroleum Corporation. In the global markets, the futures contracts for Brent crude rose by $2.16 to reach $93.78, while American West Texas Intermediate crude futures increased by $2 to $87.83. This rise is driving oil prices toward gains for the second consecutive week, amid ongoing concerns over global supplies.
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