Kuwait city: The price of Kuwaiti oil increased by $4.11, reaching $117.24 a barrel on Wednesday, according to the Kuwait Petroleum Corporation (KPC). This marks a rise from the previous day's price of $113.13 a barrel, as reported by KPC on Thursday.

According to Qatar News Agency, the upward trend in oil prices was also observed in global markets. The price of Brent crude saw an increase of $4.18, pushing it to $91.98 a barrel. Similarly, West Texas Intermediate experienced a rise of $3.80, bringing its price to $87.25 a barrel.