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KUWAIT - JANUARY 15: The sun sets behind a oil derek January 15, 2003 near the Saudi Arabian border, Kuwait. Kuwait produces 10% of the worlds oil and has promised to increase production as needed in the event of a war in Iraq. (Photo by Joe Raedle/Getty Images). Image used for illustrative purpose.
KUWAIT: Kuwait crude oil rose USD 1.06 during Wednesday's trading to reach USD 72.17 per barrel compared with USD 71.11 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.
Brent futures however dropped USD 1.32 to USD 66.12 pb and West Texas Intermediate (WTI) lost USD 1.40 to USD 62.27 pb.
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