Oil Prices Surge: Kuwaiti Crude Hits $81.67 as Global Markets React to Middle East Tensions!
Kuwaiti Oil Price Climbs to $81.67 Per Barrel
In #Economy Breaking NEWS
The price of Kuwaiti crude oil rose by 46 cents, reaching $81.67 per barrel in yesterday's trading, up from $81.21 in the previous session, as reported by the Kuwait Petroleum Corporation.
In global markets, oil prices jumped nearly 3% due to concerns about possible further escalation in the Middle East and a significant drop in U.S. crude stockpiles.
Brent crude futures increased by $2.09, settling at $80.72 per barrel, while West Texas Intermediate (WTI) futures gained $3.18, closing at $77.91 per barrel. These are the largest daily increases since October 2023.
The board has decided...
#KuwaitiOil Kuwait Disnews World
0 Comments