Kuwait oil price surges $7.11 to $119.43

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In global markets, Brent crude rose by USD 6.27 to reach USD 114.44 pb, while US West Texas Intermediate increased by USD 4.48 to reach USD 106.42 pb

Staff Writer, Kuwait News Agency (KUNA)

May 5, 2026

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KUWAIT -- Price of Kuwaiti oil rose by USD 7.11 to reach USD 119.43 per barrel (pb) in Monday's trading, compared to USD 112.32 pb in last Thursday's trading, according to the Kuwait Petroleum Corporation (KPC) on Tuesday.

In global markets, Brent crude rose by USD 6.27 to reach USD 114.44 pb, while US West Texas Intermediate increased by USD 4.48 to reach USD 106.42 pb.

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