Kuwait crude oil rises to $70.07 pb

emirates7 - The price of Kuwaiti crude oil rose by 70 cents to US$70.07 per barrel (pb) on Wednesday, compared to US$69.37 pb on Tuesday, said Kuwait Petroleum Corporation on Thursday.

Globally, the price of Brent crude increased $1.05 to $66.84 pb, while West Texas Intermediate crude edged up 86 cents to $63.21 pb, according to the Kuwait News Agency (KUNA).