Price of a barrel of Kuwaiti crude oil rises to $98.27

The price of a barrel of Kuwaiti crude oil rose by 4 cents to reach $98.27 per barrel in Thursday’s trading, compared to $98.23 in the previous day’s trading, 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 $91.30 per barrel.