The price of a barrel of Kuwaiti oil rose from $53.1 to $96.71 in trading yesterday, compared to the $95.18 in trading the day before yesterday, according to the price announced by the Kuwait Petroleum Corporation.

Global oil markets saw a decline in prices on Tuesday as Brent crude futures dropped by 18 cents to settle at $91.88 per barrel, and US West Texas Intermediate crude fell by 32 cents to reach $88.52.

Source: KUNA

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