August 8, 2024

Oil prices rise by more than 2 % at settlement

Oil prices closed higher by more than two percent at the settlement at the end of trading today, Wednesday, recovering from their lowest levels in several months, after a decline in crude inventories in the United States.

Brent crude

Kuwait oil price up to USD 76.75 pb

The price of Kuwaiti oil went up 47 cents to USD 76.75 pb on Wednesday, compared to USD 75.28 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday.

On a global scale, the price of the Brent crude

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