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The change in oil prices caused by the war. Oil price cap concept. Oil drilling derricks at desert oilfield. Crude oil production from the ground. Petroleum production.

Kuwait oil price rises to USD 85.08 pb

May 15, 2024 12:23 p.m

KUWAIT: The price of Kuwaiti oil moved up by seven centsto USD 85.08 per barrel on Tuesday as opposed to USD 85.01 pb on Monday, KuwaitPetroleum Corporation (KPC) said on Wednesday. In international markets, theprice of the Brent crude rose by 98 cents settling at USD 82.38 pb, while therate of the West Texas Intermediate crude moved up by USD 1.10 reaching USD78.02 pb.— KUNA

LAST UPDATE: May 15, 2024 12:23 PM

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