Kuwait Crude Oil Price Declines by USD 1.27

Kuwait city: Kuwait crude oil dropped USD 1.27 during Friday's trading, reaching USD 71.70 per barrel. This decline was noted in comparison to Thursday's price of USD 72.97 per barrel, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency, while Kuwait's crude experienced a drop, benchmark Brent crude saw an increase of 62 cents, bringing its price to USD 66.99 per barrel. Similarly, West Texas Intermediate rose by 32 cents, settling at USD 62.69 per barrel.