Kuwait city: The price of Kuwaiti crude oil saw an increase of 39 cents, reaching USD 76.19 per barrel (pb) on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Friday. This marks a rise from the previous day's price of USD 75.80 pb.
According to Kuwait News Agency, global oil markets experienced a decline, with Brent crude oil prices falling by 71 cents to USD 72.53 pb. Similarly, West Texas Intermediate crude dropped by 74 cents, settling at USD 69.26 pb.