Kuwait city: The price of Kuwaiti oil experienced a decrease of USD 1.36, settling at USD 70.61 per barrel on Friday. This marks a decline from Thursday's price of USD 71.97 per barrel, as reported by Kuwait Petroleum Corporation (KPC) on Saturday.
According to Kuwait News Agency, the global oil markets showed a contrasting trend. Brent Crude saw an increase of USD 1.72, reaching USD 70.36 per barrel. Meanwhile, West Texas Intermediate also rose by USD 1.88, climbing to USD 68.45 per barrel.