Abu dhabi: The price of Kuwaiti oil increased by 88 cents, reaching US$66.61 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation on Thursday. This marks a rise from Tuesday's price of US$65.73 per barrel.

According to Emirates News Agency, in global markets, there was a mixed trend in oil prices. The price of Brent crude increased by $2.45, reaching $62.71 per barrel. On the other hand, West Texas Intermediate saw a decrease of $2.55, closing at $58.49 per barrel.