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05/03/2026 06:57 AST
The price of Kuwaiti crude oil rose by $1.62 to reach $80.32 per barrel in trading on Tuesday, compared to $78.70 per barrel on Monday, according to the Kuwait Petroleum Corporation (KPC).
In global markets, Brent crude futures rose $3.66 to $81.40 per barrel, and West Texas Intermediate (WTI) crude rose $3.33 to $74.56 per barrel.
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 109.24 | 9 | 8.98 |
| WTI | 112.08 | 13.19 | 13.34 |
| OPEC Basket | 110.63 | -12.58 | -10.21 |
07/04/2026
The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes ha
Reuters
07/04/2026
Oil prices fell in choppy trade on Monday, as investors awaited clarity on the status of talks between the US and Iran and remained wary about sustained supply losses due to shipping disruptions.
Reuters
06/04/2026
US crude (WTI) traded above $114 per barrel and surpassed Brent crude, an unusual inversion that underscores deepening market stress.
Brent - the global benchmark - was above $111, while UAE
Gulfnews
06/04/2026
Eight members of OPEC+ agreed on Sunday to raise their oil output quotas by 206,000 barrels per day for May, the group said after a virtual meeting.
The war has effectively shut the Strait o
Reuters
06/04/2026
Oil prices climbed on Monday as markets reacted to US President Donald Trump's threat of further action against Iran and set a Tuesday evening deadline linked to the reopening of the Strait of Hormuz
Trade Arabia