Kuwait oil price up $3.83 to $118.06 pb

Reuters/REUTERS

In global markets, Brent crude increased by USD 2.92 to settle at USD 104.21 pb, while West Texas Intermediate rose by USD 2.65

Staff Writer, Kuwait News Agency (KUNA)

May 12, 2026

PHOTO

KUWAIT -- Kuwait crude oil price rose by USD 3.83 to reach USD 118.06 per barrel (pb) on Monday's trading, compared to USD 114.23 pb Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

In global markets, Brent crude increased by USD 2.92 to settle at USD 104.21 pb, while West Texas Intermediate rose by USD 2.65 to reach USD 98.07 pb.

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