The price of a barrel of Kuwaiti oil rose 2.37 dollars to reach 80.76 dollars a barrel in trading on Tuesday, compared to 78.39 dollars in trading on Monday.
The last rise to this level was recorded about 36 months ago in October 2018, when the price of a barrel reached $80.6.
Globally, US crude prices rose yesterday for the fifth consecutive session, reaching their highest levels since 2014