Kuwaiti oil barrel price rises by $8.79 to reach $84.06

The price of a barrel of Kuwaiti crude oil rose by $8.79 to reach $84.06 per barrel in Tuesday’s trading, compared to $75.27 per barrel on Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by 95 cents to $88.67 per barrel, while West Texas Intermediate (WTI) crude futures in the United States increased by $1.04 to $83.17 per barrel.