Kuwait city: Kuwaiti oil prices rose 37 cents on Wednesday to $106.18 per barrel compared with $105.81 per barrel the day before, according to Kuwait Petroleum Corporation.
According to Qatar News Agency, in global markets, Brent crude futures saw an increase of $6.77, reaching $118.03 a barrel. Similarly, US West Texas Intermediate (WTI) crude gained $6.95, bringing the price to $106.88 a barrel.