The price of Kuwaiti crude oil on Thursday hiked by USD 1.64 to USD 107.90 pb compared to USD 106.26 pb on Wednesday, the Kuwait Petroleum Corporation said in a release here on Friday. The rise in oil prices was buoyed by a recent decision by the US Federal Reserve to keep the bond-buying stimulus program at the same pace. Oil future contracts went up by 0.5 percent in New York on Thursday to hit the highest level in three weeks