Mubasher: The price of Kuwait’s crude oil increased by 3 cents to settle at $68.80 per barrel (pb) on Wednesday compared to $68.77 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices increased by the end of Wednesday in line with the Fed’s decision to keep interest rates unchanged.
Nymex crude oil, June futures, edged up 0.12% to $68.01 pb, while Brent crude oil added 0.1% to settle at $73.37 pb.