Kuwait-Mubasher: The price of Kuwait’s crude oil increased by $1.67 to settle at $36.69 per barrel on Tuesday as compared to $35.02 on Monday, according to the latest data by Kuwait Petroleum Corporation (KPC).
In global markets, oil prices recorded the highest levels in four months due to a recent report saying that Russia and Saudi Arabia agreed on keeping oil production at the current levels before the meeting set to be held on Sunday in Doha.
Brent crude oil rose by $1.86 to $44.69 a barrel. Similarly, the U.S. crude oil gained $1.81 to reach $42.17 a barrel.