Kuwaiti Oil Price Rises to $87.39 a Barrel

The price of Kuwaiti oil went up by $0.88 to $87.39 a barrel on Thursday as opposed to $86.51 a barrel last Wednesday, Kuwait Petroleum Corporation (KPC) said today. In the global markets, Brent crude futures rose $0.32 to reach $85.4 a barrel, while US West Texas Intermediate crude futures rose $0.52 to reach $82.62. Source: Qatar News Agency