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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: Kuwaiti oil price rose by USD 1.43 to USD 73.90 per barrel in Thursday's trading compared to Wednesday's rate of USD 73.47 pb, reported Kuwait Petroleum Corporation (KPC).
In global markets, Brent futures increased by USD 1.07 to USD 69.88 pb, as West Texas crude dropped by USD 1.13 to reach USD 66.55 a barrel.
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