Price of Kuwaiti oil barrel rose USD 1.67 reaching USD 36.69 on Tuesday, compared to USD 35.02 per barrel on Monday, said Kuwait Petroleum Corporation (KPC) on Wednesday.

    Meanwhile, the bullish oil prices in international markets have hit the highest level in four months.

    Brent crude oil rose USD 1.86 reaching USD 44.69 per barrel upon settlement yesterday, while the US crude oil barrel went up by USD 1.81 to reach USD 42.17 per barrel.