The price of Kuwaiti oil went up 51 cents to US$76.28 pb on Tuesday, compared to US$75.77 pb the day before, said state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Wednesday.

On a global scale, the price of the Brent crude futures’ contracts went up 18 cents to settle at $76.48 pb, as did the West Texas Intermediate crude, down 26 cents to $73.20 pb.