The price of Kuwaiti oil rose $1.37 to reach $76.08 per barrel in Thursday’s trading, compared to $73.70 in trading the day before, according to the price announced by the Kuwait Petroleum Corporation (KPC).

In global markets, US West Texas Intermediate (WTI) crude futures rose $1.04 to reach $71.95 per barrel, while Brent crude futures rose $1.23 to reach $74.88 per barrel.

Source: Qatar News Agency