Kuwait city: The price of Kuwaiti oil rose by USD 4.89 to USD 109.92 per barrel in Wednesday's trading, compared to USD 105.03 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).

According to Qatar News Agency, in global markets, Brent crude futures rose USD 1.81 to settle at USD 97.81 per barrel, while US West Texas Intermediate (WTI) crude futures rose by USD 2.26 to close at USD 96.02 per barrel.