Kuwaiti crude oil price jumps past $113 per barrel amid market volatility

The price of a barrel of Kuwaiti crude oil increased by $7.17 to settle at $113.47 during Thursday’s trading, up from $106.30 the previous day, the Kuwait Petroleum Corporation announced on Friday. The sharp increase reflects broader volatility across global energy markets amid ongoing regional disruptions.

In parallel global trading, Brent crude futures rose by $3.52 to $106.60 per barrel, while US West Texas Intermediate (WTI) crude futures increased by $2.45 to $94.61 per barrel.

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