Kuwait, May 05 (QNA) - Price of Kuwaiti oil rose by $7.11 to reach $119.43 per barrel (pb) in Monday’s trading, compared to $112.32 pb in last Thursday’s trading, according to the Kuwait Petroleum Corporation (KPC) on Tuesday.

In global markets, Brent crude rose by $6.27 to reach $114.44 pb, while US West Texas Intermediate increased by $4.48 to reach $106.42 pb. (QNA)