Kuwait city: The price of Kuwaiti crude oil increased by 53 cents to reach USD 69.07 per barrel on Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday. This marks a rise from the previous day's price of USD 68.54 per barrel.
According to Kuwait News Agency, the global oil market also saw fluctuations. Brent crude futures saw an increase of 10 cents, bringing the price to USD 71.76 per barrel. Meanwhile, West Texas Intermediate crude experienced a slight decrease, dropping by four cents to USD 66.39 per barrel.