Kuwait city: The price of Kuwait oil rose by USD 1.05, reaching USD 70.10 per barrel on Thursday, compared to USD 69.05 on Wednesday. This information was announced by the Kuwait Petroleum Corporation (KPC) on Friday.
According to Kuwait News Agency, the price adjustment comes amid fluctuations in the global oil market. Brent crude futures experienced a decrease of 31 cents, settling at USD 68.80 per barrel. Additionally, the price of West Texas Intermediate dropped by 45 cents, resulting in a price of USD 67 per barrel.