Kuwaiti oil barrel price rises by $1.93 to reach $85

The price of a barrel of Kuwaiti crude oil rose by $1.93 to reach $85 per barrel in Wednesday’s trading, compared to $83.07 per barrel in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by $6.65 to reach $90.74 per barrel, while West Texas Intermediate (WTI) crude futures in the United States increased by $5.20 to reach $84.46 per barrel.