Price of a barrel of Kuwaiti crude oil rises by $8.15 to reach $109.37

The price of a barrel of Kuwaiti crude oil rose by $8.15 to reach $109.37 per barrel in trading on Tuesday, compared to $101.22 per barrel in trading on Monday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by 92 cents to reach $97.92 per barrel, while West Texas Intermediate (WTI) crude futures in the United States rose by $1.55 to reach $93.03 per barrel.