Kuwaiti Oil Price Jumps Amid Global Market Slump
The price of Kuwaiti oil has increased by USD 1.96 per barrel to USD 126.30 in Wednesday's trading, according to the Kuwait Petroleum Corporation (KPC).
This rise comes after a previous session where the price was at USD 124.34.
Meanwhile, global markets have seen Brent crude futures fall by USD 2.92 to USD 105.83 per barrel and US West Texas Intermediate (WTI) crude futures decline by USD 3.40 to USD 102.43 per barrel.