Price of a barrel of Kuwaiti crude oil rises to $102.39

The price of a barrel of Kuwaiti crude oil rose by $7.68 to reach $102.39 per barrel in trading on Thursday, compared to $94.71 in trading on Tuesday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by $6.62 to reach $100.69 per barrel, while West Texas Intermediate (WTI) crude futures in the United States rose by $5.09 to reach $90.89 per barrel.