Kuwait city: The price of Kuwaiti oil rose by 15 cents to reach USD 60.94 per barrel (pb) on Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday. This marks a slight increase from the previous day's price of USD 60.79 pb.
According to Kuwait News Agency, in global markets, both Brent crude and West Texas Intermediate experienced a decrease, each dropping by 16 cents. Brent crude settled at USD 61.12 pb, while West Texas Intermediate was priced at USD 57.44 pb.