Kuwait city: The price of Kuwaiti oil rose by USD 1.30 to USD 71.42 per barrel in Friday's trading, compared with USD 70.12 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday.
According to Kuwait News Agency, while Kuwaiti oil experienced an uptick, global oil prices saw a decline. Brent crude fell by 24 cents to USD 69.28 per barrel, and West Texas Intermediate crude decreased by 20 cents to USD 67.34 per barrel.