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Kuwait Crude Oil Price Drops by 59 Cents to USD 65.80 Per Barrel

Kuwait city: The price of Kuwaiti crude oil experienced a decrease of 59 cents during Friday's trading, settling at USD 65.80 per barrel. This marks a decline from the previous day's rate of USD 66.39 per barrel, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency, while Kuwaiti crude saw a reduction, international oil benchmarks showed an upward trend. Brent futures increased by 42 cents, reaching USD 64.53 per barrel. Similarly, West Texas Intermediate rose by 40 cents, closing at USD 60.88 per barrel.