KUWAIT CITY: The price of Kuwait oil increased by 50 cents to reach USD 72.76 per barrel (pb) on Friday, as compared to USD 72.26 pb the previous day, according to the Kuwait Petroleum Corporation (KPC) on Saturday. According to Kuwait News Agency, this change in Kuwait's oil price comes amid fluctuations in the global oil market. At the international level, Brent crude experienced a decrease of 34 cents, bringing it to USD 72.94 pb. Similarly, the West Texas Intermediate saw a decline, dropping by 72 cents to USD 68 pb.
