Kuwait Crude Oil Price Rises by 62 Cents to USD 69.63 Per Barrel

Kuwait city: The Kuwaiti crude oil price increased by 62 cents during Friday's trading, reaching USD 69.63 per barrel, compared with USD 69.01 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency, the global oil market showed a different trend with Brent futures experiencing a minor decline of five cents, settling at USD 65.94 per barrel. Similarly, West Texas Intermediate saw a decrease of 29 cents, closing at USD 61.50 per barrel.