Price of Kuwaiti Crude Oil Barrel Rises by $2.21 to Reach $89.65

The price of a barrel of Kuwaiti crude oil rose by $2.21 to reach $89.65 per barrel in trading on Monday, compared to $87.44 in trading on the previous day, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by $1.16 to reach $90.49 per barrel, while West Texas Intermediate (WTI) crude futures in the United States increased by $2.34 to reach $85.76 per barrel.