Kuwait city: The price of Kuwaiti oil increased by 90 cents, reaching US$66.70 per barrel on Monday, as reported by the Kuwait Petroleum Corporation on Tuesday. This marks a rise from the previous price of US$65.80 per barrel recorded last Friday.

According to Emirates News Agency, global oil markets also experienced price increases. Brent crude rose by 94 cents, reaching $65.47 per barrel. Similarly, West Texas Intermediate saw an increase of 81 cents, bringing its price to $61.69 per barrel, as reported by the Kuwait News Agency (KUNA).