Kuwait city: The price of Kuwaiti oil rose by $4.60 to $153.22 per barrel on Tuesday, compared to $148.62 the previous day.

According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported the increase in oil prices. In global markets, Brent crude futures increased by $1.33 to settle at $103.14 per barrel. Meanwhile, West Texas Intermediate (WTI) crude gained $0.79 to reach $97.63 per barrel.