Kuwait oil price up to $71.11 pb

emirates7 - Kuwaiti oil prices saw a slight increase of 17 cents, reaching US$71.11 per barrel on Tuesday, up from US$70.94 per barrel on Monday, according to a statement from the Kuwait Petroleum Corporation released on Wednesday.

On the international market, Brent crude rose by $1.18 to settle at $67.44 per barrel, while West Texas Intermediate climbed by $1.23, closing at $64.32 per barrel, as reported by the Kuwait News Agency.