Kuwaiti oil rises 4 cents to $98.27 per barrel - Sarmad

The price of a barrel of Kuwaiti crude oil rose by 4 cents to $98.27 per barrel in trading on Thursday, compared to $98.23 per barrel in trading on Wednesday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures fell by 11 cents to $95.52 per barrel, while West Texas Intermediate (WTI) crude futures rose by 29 cents to $19.30 per barrel.