Kuwait city: The price of Kuwaiti crude oil rose by USD 5.64 to USD 106.67 per barrel in trading on Monday, according to data released by the Kuwait Petroleum Corporation. This increase marks a significant shift in the pricing dynamics of Kuwaiti crude oil.
According to Qatar News Agency, in global markets, Brent crude futures increased by 4.16 cents to USD 99.36 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude futures experienced a rise of USD 2.51, reaching USD 99.08 per barrel. These movements in the global oil market indicate broader trends affecting oil prices worldwide.